ASML Q2 net profit jumps 38% on strong demand for computer chips

FILE PHOTO: ASML Holding logo is seen at company's headquarters in Eindhoven, Netherlands, January 23, 2019. REUTERS/Eva Plevier

AMSTERDAM (Reuters) -ASML, one of the biggest suppliers to semiconductor companies worldwide, reported on Wednesday a 38% jump in second-quarter net income to 1.03 billion euros ($1.22 billion), as sales continued to soar amid a global computer chip shortage.

Sales jumped 22% on a yearly basis to 4.02 billion euros, while chip makers increased their orders for ASML's lithography systems by 75% relative to the end of the first quarter to 8.3 billion euros.