WS #12145
ASML raised 2026 revenue guidance to €43-45 billion and gross margin to 54-56%, but markets await hyperscaler capex commentary to confirm AI spending durability. IBM shares plunged ~26% after preannouncing a weaker quarter due to softness in its software business, with customers shifting spending to servers, storage, and memory. New York Governor Hochul signed an executive order barring new large-scale data centers using 50+ MW of power for up to one year, citing grid capacity and cost concerns.
ASML raises guidance, AI infrastructure spending robust
ASML raised 2026 revenue guidance to €43-45 billion and gross margin to 54-56%, but markets await hyperscaler capex commentary to confirm AI spending durability.
IBM shares plunged ~26% after preannouncing a weaker quarter due to softness in its software business, with customers shifting spending to servers, storage, and memory.
New York Governor Hochul signed an executive order barring new large-scale data centers using 50+ MW of power for up to one year, citing grid capacity and cost concerns.