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.

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