ASML’s record orders show chipmakers are still betting big on AI data centers.

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ASML, the sole supplier of EUV equipment for cutting-edge chip manufacturing, reported record quarterly bookings of 13 billion euros, more than double the previous quarter. The surge is driven by chipmakers anticipating sustained AI-related demand and preparing capacity for future data center buildouts. ASML's CEO confirmed customers have more positive medium-term outlooks based on expectations that AI infrastructure spending will continue. The record orders suggest the AI hardware supply chain remains robust, with no signs of companies backing away from projected trillion-dollar infrastructure investments.

The AI infrastructure boom shows no sign of slowing down