[UBS Optimistic about ASML's Prospects with Strong Demand for Lithography Systems]
UBS analysts said they expect ASML to raise its full-year forecast when it announces its second-quarter earnings on July 17, as orders are likely to grow in the next few quarters. The Dutch company provides semiconductor manufacturing equipment for chipmakers, with its clients including TSMC. The analysts predict that TSMC will increase its capital expenditure target this year, which may translate into orders for ASML and help TSMC raise its own sales guidance. Meanwhile, the analysts said that China's import data for lithography systems increased 25% month on month in May, which could be another positive development for ASML.
