On July 15, ASML (ASML.O) raised its full-year sales forecast for the second time this year, driven by the ongoing surge in demand for chip manufacturing equipment due to the AI investment boom. The company announced on Wednesday that it expects net sales to reach between 43 billion and 45 billion euros this year, up from the previous forecast of 36 billion to 40 billion euros made in April. As tech giants like Microsoft and Alphabet invest hundreds of billions of dollars in building advanced AI infrastructure, chip manufacturers are accelerating their capacity expansion. Meeting market demand is one of the significant challenges currently faced by ASML's CEO, Peter Wennink. ASML previously stated that it plans to produce at least 60 low numerical aperture extreme ultraviolet (EUV) lithography machines this year and expects to have the capacity to produce at least 80 low numerical aperture EUV machines annually by 2027. Additionally, ASML is continuously expanding its capacity, with a new campus in Eindhoven, Netherlands, set to begin construction this quarter, ultimately accommodating around 20,000 employees.