ASML's upcoming results will be scrutinized for capacity-expansion guidance as investors seek confidence after a cooling in the semiconductor rally. US chip stocks have fallen and South Korean chipmakers hit two-month lows, sharpening attention on ASML and major customer TSMC as both report in the next 48 hours. Ben Barringer, head of technology research at Quilter Cheviot, said: "The market is currently most focused on capacity. With limited order data and little visibility on backlog, an upwar

ASML's upcoming results will be scrutinized for capacity-expansion guidance as investors seek confidence after a cooling in the semiconductor rally. US chip stocks have fallen and South Korean chipmakers hit two-month lows, sharpening attention on ASML and major customer TSMC as both report in the next 48 hours. Ben Barringer, head of technology research at Quilter Cheviot, said: "The market is currently most focused on capacity. With limited order data and little visibility on backlog, an upward revision to capacity targets is critical." ASML has stopped disclosing quarterly order figures citing order volatility and now provides guidance on the number of tools it expects to ship this year and over coming years; investors are using that metric to assess demand strength and ASML’s ability to scale supply.