ASML shares up after Q3 margin beat, outlook hike

By Reuters News

** Shares in ASML ASML.AS gain around 3% after it hiked its full-year sales outlook and said it it was looking at ways to expand capacity due to strong AI-driven demand for its chip-printing tools

** Move adds around €18 billion to its market cap as of 0740 GMT

** "We believe that the better than WFE 2026 growth and that it will expand capacity beyond what was previously planned in 2028 are very positive indications" - JPMorgan says in a note

** JPM also notes the "very strong gross margin" driving Q3 results ahead of expectations, adds the full-year EBIT is around 5.5% ahead of consensus estimates too

** Amsterdam-listed peer ASMI ASMI.AS rises around 2.5%

($1 = 0.8923 euros)

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