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ASML Raises Sales Forecast as AI Demand Boosts Growth

ASML Holding NV raised its full-year sales forecast, with net sales expected to be between €36 billion ($42.4 billion) to €40 billion this year. Europe's most valuable company's machinery is crucial for producing the Nvidia Corp. chips that are the backbone for training and running artificial intelligence models in data centers. Bloomberg's Charlotte Hughes-Morgan reports.