ASML's second quarter bookings beat estimates

ASML ASML, the world's biggest supplier of computer chip-making equipment, on Wednesday reported a rise in second quarter bookings that was above market expectations.

The better-than-expected performance may provide reassurance that the company's growth targets for 2026 are on track, analysts say.

The Dutch group's net bookings, the most closely watched figure in the industry, were 5.5 billion euros ($6.4 billion). That was ahead of analysts' consensus estimate of 4.44 billion euros according to researcher Visible Alpha.

($1 = 0.8608 euros)