ASML Q1 profit beats estimates, order book surges amid semiconductor shortage

AMSTERDAM: ASML Holding NV, one of the biggest suppliers to semiconductor companies, on Wednesday reported a better-than-expected net income for the first quarter and raised its full-year sales forecast, citing strong demand amid a global computer chip shortage.

The company now sees full year sales growth at 30%, up from its forecast of at least 10% in January. Sales in the first quarter were 4.36 billion euros.