New Delhi, July 15 -- AMSTERDAM - The second time ASML raised its own forecast in a year would have seemed implausible when the company set its original range in January. On Wednesday, the Dutch semiconductor equipment maker revised its 2026 net sales guidance to €43-45 billion, up from a prior range of €36-40 billion, pushed there by AI infrastructure investment that has continued to outpace what the company's finance team projected six months ago.

Second-quarter results set the tone. ASML posted net sales of €9.3 billion in the April-to-June period, up from €7.7 billion a year earlier, with a gross margin of 54 percent. Net profit reached €2.9 billion. Chief executive Christophe Fouquet did not hedge his a...