The semiconductor wafer fab equipment market has shifted to a seller's market, with ASML experiencing unprecedented demand from major customers. ASML's EUV lithography capacity is reportedly fully booked for 2026-2027 as TSMC and memory manufacturers accelerate procurement. New orders for Q4 2025 are projected to reach 10 billion euros, driven by intense competition for capacity and AI-related infrastructure needs. ASML is expanding production facilities to meet this demand, supporting a projected year-over-year revenue growth of at least 15%.