The momentum follows comments from an ASML executive regarding plans to scale production capacity to meet persistent AI-driven demand. As the sole provider of critical inspection tools for extreme ultraviolet lithography, Lasertec stands to gain directly from any expansion by the Dutch lithography giant. The broader market responded in kind, with the Nikkei reaching a new record as related firms like Ibiden and Ebara Corp. also posted significant gains.

While current market enthusiasm remains high, Lasertec’s official guidance points toward a decline in revenue and profit for the fiscal year ending in June, suggesting a temporary cooling of its long-term growth. Nevertheless, analysts at Goldman Sachs argue that investors should overlook these immediate figures. The firm projects a substantial order surge starting in 2027, fueled by the introduction of next-generation inspection technology and increased capital expenditure across the semiconductor sector. Goldman Sachs estimates that Lasertec could exceed consensus earnings expectations by nearly 30% for the fiscal year ending in 2028.