{"id":49356,"date":"2026-10-17T09:01:20","date_gmt":"2026-10-17T09:01:20","guid":{"rendered":"https:\/\/insider18.com\/?p=49356"},"modified":"2026-10-17T09:05:22","modified_gmt":"2026-10-17T09:05:22","slug":"asmls-fully-booked-order-pipeline-shifts-investor-focus-beyond-strong-market-demand","status":"publish","type":"post","link":"https:\/\/insider18.com\/index.php\/2026\/10\/17\/asmls-fully-booked-order-pipeline-shifts-investor-focus-beyond-strong-market-demand\/","title":{"rendered":"ASML\u2019s Fully Booked Order Pipeline Shifts Investor Focus Beyond Strong Market Demand"},"content":{"rendered":"\t\t
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ASML Faces Capacity Challenges as AI Chip Demand Outpaces Production Plans<\/h1>

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ASML is facing a growing challenge as demand for its advanced semiconductor manufacturing equipment continues to exceed the company’s planned production capacity. With customers seeking access to its specialised chipmaking systems, attention is increasingly turning to how quickly the Dutch technology group can expand output and convert the artificial intelligence boom into sustained revenue growth.<\/p>

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The issue has become particularly important for investors as ASML’s shares have climbed sharply this year. According to the supplied report, the stock has gained nearly 70%, reflecting expectations that the expansion of AI infrastructure will support demand for advanced semiconductors and the equipment needed to manufacture them.<\/p>

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However, strong customer interest does not automatically guarantee that ASML can deliver all the machines the industry requires. The company’s chief executive, Christophe Fouquet, acknowledged that planned supplies of its advanced lithography equipment would remain insufficient to satisfy demand in both 2027 and 2028.<\/p>

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The warning represents a significant change in emphasis from earlier assurances about avoiding production constraints. In April, Fouquet told shareholders that the company would make every possible effort to prevent its equipment supply from becoming a bottleneck for the semiconductor industry.<\/p>

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Six months later, the challenge appears more pronounced. ASML is now working to increase manufacturing capacity while managing an order pipeline that extends well beyond the immediate business cycle.<\/p>

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The situation presents a complex question for shareholders. Investors must assess whether the company can expand production quickly enough to benefit from the AI investment wave, while also considering whether the enormous spending on artificial intelligence infrastructure will generate sufficient returns over the coming years.<\/p>

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Production Capacity Becomes ASML’s Main Challenge<\/h2>

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ASML occupies a critical position in the semiconductor supply chain because its lithography systems are used to manufacture some of the world’s most advanced logic and memory chips.<\/p>

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These components are essential to a broad range of technologies, including AI accelerators, high-performance computing systems and advanced data-centre infrastructure. As technology companies invest heavily in computing capacity, demand for sophisticated semiconductor manufacturing equipment has increased.<\/p>

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However, the complexity of ASML’s machines makes production expansion difficult to achieve quickly. Manufacturing, assembling and delivering highly advanced lithography equipment requires specialised components, technical expertise and carefully coordinated processes.<\/p>

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Han Dieperink, chief investment officer at wealth management firm Aureus, which owns ASML shares, argued that the company itself had become a constraint on the industry’s expansion.<\/p>

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He pointed to ASML’s plans to increase capacity by approximately 30% in both 2027 and 2028, saying those additions would not be sufficient to meet the anticipated requirements of its customers.<\/p>

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The challenge is particularly important because semiconductor manufacturers plan their investments years in advance. Building new fabrication facilities and preparing production lines requires substantial capital, making reliable access to equipment essential.<\/p>

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If ASML cannot supply machines when customers need them, manufacturers could face difficulties bringing new capacity online according to their intended schedules.<\/p>

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The consequences could extend beyond individual customers. A shortage of critical lithography systems could affect the timing of semiconductor production increases across the wider industry, potentially influencing the pace at which additional AI computing capacity becomes available.<\/p>

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Dieperink also noted that discussions concerning future equipment orders were already reaching into 2029 and 2030. In his view, the longer planning horizon suggests that demand could remain ahead of available supply beyond the next two years.<\/p>

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Nevertheless, expectations for future orders should not be confused with confirmed deliveries or guaranteed revenue. The eventual outcome will depend on customer investment plans, manufacturing capacity and the ability of the industry to sustain its current level of spending.<\/p>

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ASML Explores Ways to Increase Output<\/h2>

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To address the growing imbalance between demand and supply, ASML is considering several measures intended to improve production efficiency and increase the number of machines it can deliver.<\/p>

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One approach involves reducing the time required to assemble its equipment. Shorter assembly cycles could allow the company to complete more systems without relying entirely on the construction of additional manufacturing facilities.<\/p>

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The company is also looking at upgrading machines that are already installed at customer sites. Improving existing equipment could help customers obtain greater performance from their current manufacturing infrastructure while potentially easing pressure on the supply of entirely new systems.<\/p>

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In addition, ASML is developing faster models that could contribute to future production and performance improvements.<\/p>

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Another important element of its expansion strategy concerns extreme ultraviolet, or EUV, lithography equipment. These machines are among the company’s most sophisticated products and are used in the manufacture of leading-edge semiconductors.<\/p>

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The supplied report states that ASML had planned to reach an annual production capacity of 110 EUV machines by 2028. The company is now considering increasing that target by approximately another dozen units.<\/p>

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Although such an expansion could improve availability, it would still need to be evaluated against the scale of customer demand and the time required to manufacture the equipment.<\/p>

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ASML is also expanding its manufacturing operations in Eindhoven, the Netherlands. However, the first phase of that project is not expected to become operational until 2029.<\/p>

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This timetable illustrates the difficulty of responding immediately to a rapidly expanding market. Even when a company commits to increasing production, new facilities take time to construct, equip and integrate into existing manufacturing operations.<\/p>

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As a result, improvements to assembly processes and existing equipment may be particularly important in the near term, while larger infrastructure investments contribute to capacity over a longer period.<\/p>

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Management Says Key Suppliers Are Not the Problem<\/h2>

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Despite concerns about limited production, Fouquet offered reassurance regarding the company’s supply chain.<\/p>

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He indicated that ASML was not being held back by shortages from its own suppliers, including Zeiss, the German company responsible for providing critical optical systems used in ASML’s machines.<\/p>

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That distinction matters because a manufacturing bottleneck can arise at different stages of a production process. A company may struggle to deliver enough products because it lacks components, manufacturing facilities, skilled workers or sufficient assembly capacity.<\/p>

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According to the information provided, ASML’s management does not regard its key supplier network as the principal obstacle to meeting demand.<\/p>

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Instead, the challenge centres on how quickly the company can expand its own capacity and organise production to satisfy customer requirements.<\/p>

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The distinction may influence investors’ expectations about the company’s ability to improve deliveries. If suppliers are not the main limiting factor, management may have greater scope to focus on internal production efficiency and manufacturing expansion.<\/p>

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However, increasing output remains a complicated undertaking. The company’s equipment is highly specialised, and expanding production involves more than simply adding conventional assembly lines.<\/p>

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Any capacity increase must also be matched by the availability of qualified personnel, manufacturing infrastructure, testing procedures and the resources required to support customers after installation.<\/p>

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The effectiveness of ASML’s expansion programme will therefore depend on whether these different elements can be coordinated successfully.<\/p>

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Investors Reconsider ASML’s Valuation<\/h2>

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While ASML’s business outlook remains closely linked to semiconductor demand, its share valuation has become another major consideration for the market.<\/p>

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The stock has faced a relative decline in valuation since June, even as financial analysts raised their earnings forecasts, according to the supplied report.<\/p>

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This divergence suggests that investors are weighing the company’s growth prospects against concerns about how much optimism is already reflected in its share price.<\/p>

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Mark Sloan, a senior analyst at Stonehage Fleming, whose Global Best Ideas fund holds a 3.5% position in ASML, said the company’s valuation had become more attractive after falling from above 45 times forward earnings in June to approximately 30 times.<\/p>

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Sloan viewed the lower valuation as an opportunity in light of ASML’s expected growth and strong competitive position.<\/p>

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However, he also emphasised the importance of monitoring the broader AI market. His assessment included developments in AI adoption, technological innovation and the capital expenditure plans of ASML’s major customers.<\/p>

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He suggested that equipment availability, rather than a lack of demand, could remain the company’s principal constraint.<\/p>

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This creates an unusual situation for investors. In many industries, a company experiencing strong demand can respond by expanding production and increasing sales. For ASML, the difficulty is that manufacturing capacity may not grow quickly enough to satisfy all customers.<\/p>

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Even if the underlying market remains strong, the timing of revenue growth may therefore depend on how rapidly the company can deliver its equipment.<\/p>

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Investors must also consider the length of the current AI investment cycle. Semiconductor manufacturers are making substantial commitments based on expectations of future demand, but the financial returns from AI infrastructure may take time to become clear.<\/p>

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The company’s valuation will consequently depend not only on the volume of orders it receives, but also on the sustainability of customer spending, the pace of deliveries and the profitability of its business.<\/p>

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Questions Remain About Growth Beyond 2028<\/h2>

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Although near-term demand appears strong, some investors are less certain about the outlook beyond 2028.<\/p>

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Long-term projections can be difficult to assess because they depend on several factors, including technological progress, the pace of AI adoption, customer profitability and the availability of financing for new infrastructure.<\/p>

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ASML’s equipment is typically purchased as part of major semiconductor manufacturing investments. Customers must be confident that they can generate sufficient returns from additional production capacity before committing substantial sums to new facilities and machinery.<\/p>

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If demand for AI services continues to grow, semiconductor manufacturers may maintain or increase their investment plans. However, if the returns from AI infrastructure disappoint, some companies could reconsider the pace or scale of their spending.<\/p>

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Such a change would affect expectations for equipment demand and could influence ASML’s future revenue growth.<\/p>

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The uncertainty is especially relevant when customers are planning investments several years in advance. Orders discussed for 2029 and 2030 reflect expectations about future requirements, but those expectations can change as market conditions evolve.<\/p>

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Investors therefore face two separate questions: whether ASML can manufacture enough equipment to meet demand and whether customers will continue investing at the levels currently anticipated.<\/p>

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The first question concerns supply. The second concerns the durability of demand.<\/p>

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Both are central to determining whether the company’s current growth expectations can be maintained over the longer term.<\/p>

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Concerns About AI Spending Weigh on Semiconductor Stocks<\/h2>

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Not all market participants believe the AI investment boom will continue without interruption.<\/p>

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Some investors question whether the revenue and productivity gains generated by artificial intelligence will ultimately justify the enormous sums being committed to computing infrastructure.<\/p>

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Technology companies are investing heavily in data centres, advanced processors and related equipment. These projects require substantial funding, while the financial benefits may emerge gradually over several years.<\/p>

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If expected returns fail to materialise, companies could delay projects, reduce expenditure or demand stronger evidence of commercial benefits before committing additional capital.<\/p>

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Higher interest rates could create another challenge by increasing the cost of financing large infrastructure projects. Data centres also face practical constraints, including the availability of electricity and the time required to secure the necessary infrastructure.<\/p>

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These concerns have contributed to uncertainty across the technology sector, according to the supplied report.<\/p>

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The cost of insuring against defaults in the US technology sector reportedly reached a record high on the Thursday referenced in the original account. Such developments can indicate rising concern about financial risk, although they do not by themselves establish that a downturn is inevitable.<\/p>

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ASML has also been affected by the broader pressure on technology stocks. Its shares reportedly fell 5% on Thursday as part of a wider market sell-off.<\/p>

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The decline illustrates how developments beyond the company’s own production operations can influence its market performance.<\/p>

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Even when equipment demand remains strong, investor concerns about interest rates, customer financing and future AI profitability can place pressure on valuations.<\/p>

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Analysts Debate the Risk of Lower Valuations<\/h2>

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Janardan Menon, an analyst at Jefferies, identified financing concerns surrounding AI investment and infrastructure limitations as factors that could weigh on ASML’s outlook.<\/p>

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He pointed to the possibility that restrictions on data-centre expansion, including electricity availability, could affect the pace at which customers build additional computing capacity.<\/p>

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Menon also argued that investor scepticism about the ambitious earnings expectations for 2028 and 2029 was a major factor behind the reduction in ASML’s valuation.<\/p>

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According to his assessment, the company’s price-to-earnings ratio could fall into the low 20s in a market downturn.<\/p>

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Such a change would not necessarily mean that ASML’s competitive position had deteriorated. Instead, it could reflect investors becoming less willing to pay a premium for earnings they expect to materialise several years into the future.<\/p>

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Valuations are influenced by both anticipated profits and the risks associated with achieving them. When uncertainty increases, investors may demand a lower share price relative to projected earnings.<\/p>

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For ASML, the debate centres on whether its technological leadership and order pipeline justify a premium valuation despite production constraints and uncertainty about future semiconductor spending.<\/p>

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Supporters point to its specialised equipment, market position and exposure to the long-term growth of advanced computing.<\/p>

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More cautious investors focus on the possibility that AI-related investment could slow, reducing the need for additional semiconductor manufacturing capacity.<\/p>

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The competing views highlight why strong demand alone may not be sufficient to determine the direction of the company’s shares.<\/p>

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Customers Compete for Access to Advanced Machines<\/h2>

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ASML’s leading customers continue to seek access to its advanced lithography equipment as they expand semiconductor manufacturing operations.<\/p>

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The company’s machines are difficult to replace, making access to production capacity strategically important for chipmakers planning new facilities or upgrading existing ones.<\/p>

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According to the supplied report, ASML has begun requiring substantial advance payments on certain orders. Chief Financial Officer Roger Dassen said the payments were large enough to have a meaningful financial impact if customers later attempted to cancel their commitments.<\/p>

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Such arrangements may help the company manage demand and discourage customers from placing orders that they are not prepared to fulfil.<\/p>

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Large equipment orders often involve long planning periods, and changes to a customer’s investment strategy can create complications for manufacturers that have already committed resources to production.<\/p>

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Advance payments can provide a stronger indication of customer commitment, although their precise terms and implications depend on the contractual arrangements.<\/p>

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For ASML, the approach comes as it tries to balance competing customer requirements while determining how much equipment it can realistically supply in future years.<\/p>

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The company must also consider the possibility that demand forecasts could change before machines are delivered.<\/p>

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Accepting more orders than it can fulfil could create difficult choices about delivery schedules and customer priorities. Conversely, limiting orders too aggressively could prevent the company from capturing demand if production capacity improves more quickly than expected.<\/p>

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Managing this balance is likely to remain a key challenge as semiconductor manufacturers compete for access to the equipment needed to support their expansion plans.<\/p>

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TSMC Maintains Its Investment Plans<\/h2>

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Taiwan Semiconductor Manufacturing Company, widely known as TSMC, is one of ASML’s most important customers.<\/p>

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TSMC manufactures chips used by major technology companies, including Nvidia and Apple. Its investment decisions therefore provide an important indication of demand for advanced semiconductor production equipment.<\/p>

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The supplied report states that TSMC said in July it did not expect equipment availability to restrict its expansion plans.<\/p>

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On Thursday, the company maintained its 2026 capital expenditure forecast at between $60 billion and $64 billion.<\/p>

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That spending range reflects the scale of investment required to expand semiconductor manufacturing capacity and support demand for advanced chips.<\/p>

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TSMC’s position also highlights a distinction between the concerns of individual manufacturers and the broader supply situation facing ASML.<\/p>

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A customer may believe that its own expansion plans remain achievable while the equipment supplier continues to face substantial pressure across its total order pipeline.<\/p>

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The ability to obtain machines at the required time can vary depending on the customer’s orders, manufacturing schedule and specific equipment requirements.<\/p>

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TSMC’s continued investment plans provide evidence of ongoing demand, but they do not eliminate the wider uncertainty surrounding the pace of AI infrastructure spending.<\/p>

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For ASML, the challenge is to supply a number of major customers whose requirements may overlap, while managing production constraints and longer-term commitments.<\/p>

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Memory Chipmakers Add to Demand<\/h2>

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Demand for ASML equipment is not limited to manufacturers of advanced logic processors.<\/p>

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Memory producers Samsung Electronics, SK Hynix and Micron have also been reserving production capacity as the market for AI-related memory chips expands.<\/p>

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AI systems require substantial quantities of high-performance memory to support data processing and the movement of information between processors and other components.<\/p>

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As demand for AI computing grows, memory manufacturers may need to invest in additional production capacity and advanced manufacturing technologies.<\/p>

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This creates another source of demand for semiconductor equipment.<\/p>

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The combination of investment by logic-chip manufacturers and memory producers can intensify competition for ASML’s available production slots.<\/p>

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It also demonstrates why the company’s order outlook is linked to several parts of the semiconductor industry rather than a single customer or product category.<\/p>

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Nevertheless, the future level of demand will depend on how the market develops. Memory prices, customer inventories, manufacturing efficiency and the financial returns from AI infrastructure can all influence investment decisions.<\/p>

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ASML must therefore prepare for demand from multiple customer groups while recognising that their spending plans may change at different times.<\/p>

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The breadth of interest in its equipment reinforces the importance of production planning, particularly when manufacturing capacity cannot be expanded immediately.<\/p>

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Potential New Buyers Could Increase Pressure<\/h2>

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Future demand could also be influenced by companies that are considering entering or expanding their semiconductor manufacturing activities.<\/p>

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The supplied report identifies Elon Musk’s proposed TeraFab project as a potential future buyer of advanced chipmaking equipment.<\/p>

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The project had not yet produced its first chip at the time described in the report, meaning its eventual equipment requirements and purchasing timetable remained uncertain.<\/p>

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If the initiative progresses into large-scale semiconductor manufacturing, it could add another source of demand for specialised equipment.<\/p>

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However, a proposed project should not be treated as a confirmed order. Its impact on ASML will depend on whether it advances, how much manufacturing capacity it develops and which technologies it ultimately uses.<\/p>

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Geopolitical restrictions create a separate source of uncertainty.<\/p>

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US export controls affecting China remain a risk for sales of ASML’s deep ultraviolet, or DUV, lithography equipment. These systems are used in a range of semiconductor manufacturing processes and form a different part of ASML’s product portfolio from its most advanced EUV machines.<\/p>

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The supplied report estimates that China could account for approximately 20% of ASML’s sales during the year in question.<\/p>

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Restrictions on exports, changes in customer purchasing patterns or further policy developments could influence how much equipment the company is able to sell into that market.<\/p>

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Consequently, ASML’s future performance will depend on more than the global level of semiconductor demand. It will also be shaped by the geographical distribution of orders, export regulations and the commercial progress of potential new customers.<\/p>

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Why ASML Is Being Cautious About Future Orders<\/h2>

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Despite strong interest from customers, ASML has reportedly refrained from accepting orders for 2029 and 2030 while assessing future demand and its ability to deliver the required machines.<\/p>

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This approach reflects the difficulty of making long-term commitments when production capacity remains uncertain.<\/p>

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If the company accepts orders from some customers before understanding the full scale of demand from others, it could find itself unable to accommodate all of them.<\/p>

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Dassen explained the concern during the company’s post-earnings discussion. He said ASML did not want to accept commitments from several customers only to inform another customer later that equipment was no longer available.<\/p>

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The comments illustrate the commercial challenge created by an order pipeline that may extend several years into the future.<\/p>

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ASML needs to understand both sides of the equation: how many machines customers are likely to require and how many it can realistically produce within the relevant timeframe.<\/p>

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Waiting to accept certain future orders may allow the company to make better-informed decisions about allocation and delivery schedules.<\/p>

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However, the approach also requires customers to plan their own manufacturing investments without complete certainty about future equipment availability.<\/p>

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For semiconductor manufacturers, the timing of equipment deliveries can influence construction schedules, production targets and capital allocation.<\/p>

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For ASML, the objective is to avoid making commitments that could prove impossible to meet while preserving its ability to serve customers as effectively as possible.<\/p>

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The company’s decisions over the coming years will therefore involve balancing demand visibility, production capacity and the need to maintain strong relationships with its largest customers.<\/p>

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Supply Constraints and Demand Uncertainty Will Shape the Outlook<\/h2>

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ASML’s current position reflects two competing forces.<\/p>

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On one side, semiconductor manufacturers are investing heavily to meet the requirements of AI computing, advanced processors and high-performance memory. This spending supports demand for the specialised equipment the Dutch company produces.<\/p>

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On the other side, ASML faces limits on how quickly it can increase production, while investors remain uncertain about whether the AI investment cycle can sustain its current momentum.<\/p>

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The company’s planned capacity additions, equipment upgrades and manufacturing expansion are intended to address the supply challenge. Yet some of the larger investments will take years to become operational, meaning near-term shortages may persist.<\/p>

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At the same time, concerns about financing costs, data-centre infrastructure and future AI profitability could influence customers’ spending decisions.<\/p>

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These factors make the outlook more complicated than a simple assessment of order growth.<\/p>

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Investors must consider whether ASML can convert strong demand into deliveries and earnings, how much additional capacity it can bring online, and whether its customers will maintain their current investment commitments.<\/p>

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The company’s technological position remains central to the debate, but market leadership does not remove the operational challenges associated with manufacturing complex equipment at greater scale.<\/p>

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ASML’s valuation will also continue to reflect expectations about future earnings and the risks surrounding those projections.<\/p>

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If demand remains robust and production improves, the company could benefit from sustained investment in semiconductor manufacturing. If customer spending slows or capacity expansion proves more difficult than expected, the financial outlook could become less favourable.<\/p>

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The Road Ahead for the Semiconductor Equipment Leader<\/h2>

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The coming years will be important for ASML as it attempts to expand production while serving a growing list of customers.<\/p>

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Its response includes increasing annual EUV capacity, accelerating assembly, upgrading installed systems and expanding manufacturing operations in the Netherlands.<\/p>

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The company is also managing a complex order pipeline involving major chipmakers, memory producers and possible new entrants to the semiconductor manufacturing market.<\/p>

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At the same time, it must account for geopolitical restrictions and changes in the economic conditions affecting its customers.<\/p>

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The central question is whether ASML can deliver enough equipment to meet the industry’s requirements without committing to production volumes that exceed its capabilities.<\/p>

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For investors, the answer will influence expectations for revenue growth, earnings and the company’s valuation over the coming years.<\/p>

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The strength of demand remains an important advantage, but the company’s ability to translate that demand into timely deliveries is becoming increasingly significant.<\/p>

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As AI investment continues to shape the semiconductor industry, ASML’s performance will depend on its capacity to expand, the willingness of customers to maintain their spending plans and the financial returns that the broader technology sector ultimately generates.<\/p>

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The company’s challenge is therefore no longer simply to demonstrate that customers want its machines. It is to determine how quickly it can supply them, how it should allocate limited production capacity and how confidently it can plan for demand extending into the next decade.<\/p><\/div><\/div><\/section><\/section><\/div><\/div><\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

ASML\u2019s strong order book suggests demand remains robust, but with production capacity largely booked, investors are increasingly examining other factors, including manufacturing constraints, future growth prospects and the company\u2019s ability to meet rising semiconductor industry expectations.<\/p>\n","protected":false},"author":1,"featured_media":49357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[12,9],"tags":[],"post_template":[],"top_category":[],"class_list":["post-49356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-uae","pmpro-has-access"],"acf":[],"_links":{"self":[{"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/posts\/49356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/comments?post=49356"}],"version-history":[{"count":4,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/posts\/49356\/revisions"}],"predecessor-version":[{"id":49361,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/posts\/49356\/revisions\/49361"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/media\/49357"}],"wp:attachment":[{"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/media?parent=49356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/categories?post=49356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/tags?post=49356"},{"taxonomy":"post_template","embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/post_template?post=49356"},{"taxonomy":"top_category","embeddable":true,"href":"https:\/\/insider18.com\/index.php\/wp-json\/wp\/v2\/top_category?post=49356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}