Signals near-term capex demand from leading chipmakers: A bookings surge concentrated in EUV systems indicates customers are committing to high-end capacity expansion rather than limiting spend to incremental upgrades.

Tightens the supply bottleneck for advanced-node production: A higher share of EUV orders implies continued pressure on delivery slots and installation capacity for the tools required to manufacture cutting-edge chips.

Reinforces ASML’s earnings visibility: Record bookings expand backlog, improving revenue predictability across upcoming quarters given the long lead times for EUV equipment.