The Trading Day · Wednesday, October 14, 2026

ASML — record €11.7 billion quarter and sold out into 2028; inflation at 12:30 UTC

ASML is the story this morning. The Dutch maker of chip-printing machines reported record third-quarter sales of €11.66 billion, up 55% on the year, raised the bottom of its full-year range to €44–45 billion, and said its planned output for 2027 and 2028 will not fully cover what customers want, as reported. Some customers are already asking about 2029 and 2030.

The Morning 10

1 ASML — record €11.7 billion quarter, full-year range lifted to €44–45 billion
2 ASML — supply short of demand in 2027 and 2028; some customers already ask about 2029
3 Chip equipment — Applied Materials −6.7%, KLA −3.2%, Lam −2.7% the day before ASML
4 Inflation — September consumer prices at 12:30 UTC; the street expects 3.6% on the year
5 Banks — Bank of America, Morgan Stanley and BlackRock report before the open after Citi's −5.6%
6 Korea — Kospi steadies at about 6,040 after Tuesday's −5.5%; SK Hynix −1%, Samsung +0.9%
7 Tokyo and Taiwan — Nikkei +0.6%, SoftBank +2.5%, Kioxia −2.5%; Taiex +0.6%, China's CSI 300 −0.9%
8 Wall Street — S&P 500 flat at 7,805; Oracle +4.2%, Meta +2.6%, energy fund +1.8%
9 AI indices — Rubin −9.0% on the week, Agentic Winners +2.1%
10 Oil, dollar and futures — Brent $106, dollar −0.4%; S&P 500 futures +0.1%

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