ASML reported Q2 net sales of €9.3 billion and a net profit of €2.9 billion, with a gross margin of 54.0%. The company now guides Q3 sales to €11 billion–€12 billion, signaling continued strong demand for semiconductor manufacturing equipment. New York imposed a one-year pause on data centers consuming 50MW or more, highlighting grid access and permitting as growing constraints for AI infrastructure expansion.
ASML's raised guidance confirms sustained, aggressive AI infrastructure buildout, while New York's datacenter pause signals increasing grid and permitting constraints for compute expansion.