ASML Holding N.V. (NASDAQ: ASML) shares are trading lower on Wednesday, July 15, 2026, despite the Dutch semiconductor equipment maker delivering a blowout second quarter, raising its full-year 2026 outlook, and confirming a landmark technology milestone with Intel Corporation (NASDAQ: INTC). ASML reported Q2 2026 earnings of $8.82 per share, beating the Wall Street consensus estimate of $7.98, on revenue of $10.84 billion well above the $10.28 billion analysts were expecting. Net sales came in at €9.326 billion, with net income of €2.918 billion and gross margin expanding to 54.0%. ASML sold 86 new lithography systems during the quarter, up from 67 in Q1. Installed Base Management sales rose to €2.762 billion. CEO Christophe Fouquet said ongoing AI-related investments and continued progress in AI technologies are driving demand for advanced logic and memory chips, adding that customers "continue to accelerate their capacity expansion plans." Based on that momentum, ASML now plans to a...