ASML Sees Memory Chip Orders Explode Past Logic for the First Time as DRAM Makers Scramble for EUV Slots

Key Points:

• ASML is increasing investments in AI-driven semiconductor infrastructure to address rising demand for advanced logic and memory chips, driven by AI, mobile, and PC markets, with demand expected to outpace supply for the foreseeable future.
• In Q1 2026, memory-related systems accounted for 51% of ASML’s sales, with EUV technology generating 66% of revenue, and South Korea was the largest regional market at 45%, followed by Taiwan, China, and the USA.
• ASML is restricted from selling high-end EUV lithography tools to China but continues DUV sales, though US lawmakers are pushing to ban DUV exports to China, potentially impacting future sales.
• The company is developing next-generation lithography machines, including a Low NA EUV system targeting 330 wafers per hour by 2030 and the High-NA EXE:5200D system for sub-2nm chips, aiming to boost chip output by 50% through increased light source power.
• ASML is also providing productivity upgrades to existing machines to optimize short-term production and is closely collaborating with major customers like Samsung, TSMC, SMIC, and Intel to support expanding capacity and new process node adoption.