THE HAGUE, Netherlands ( TheStreet) -- ASML Holding ( ASML) swung to a second-quarter profit of €239 million ($304 million) from a year-earlier loss of €104 million as the supplier to the chip industry saw strong demand. ASML said revenue in the quarter rose to €1.07 billion from €277 million a year earlier. ASML, the maker of lithography systems for the semiconductor industry, said it expects 2010 full-year sales to be 10% to 15% higher than its 2007 record of €3.8 billion. "This level of sales is expected to continue into 2011, barring a major macro-economic downturn, as it is supported by a number of fundamental growth drivers," said ASML CEO Eric Meurice, in a statement. ASML booked orders worth €1.18 billion in the second quarter. It expects bookings of about €1.3 billion in the third quarter. -- Reported by Joseph Woelfel in New York. Get more stock ideas and investing advice on our sister site, Stockpickr.com.