ASML Holding N.V. (ASML), a leading supplier to the semiconductor industry, presented an updated view on market opportunities during its Investor Day meeting on November 14, 2024. The company outlined its long-term strategy and provided insights into global market and technology trends, particularly focusing on the potential of Artificial Intelligence (AI) to drive productivity and innovation. ASML's President and CEO, Christophe Fouquet, expressed confidence in the company's ability to scale Extreme Ultraviolet (EUV) technology and leverage AI opportunities to achieve significant growth in revenue and profitability. The company forecasts potential annual revenue between €44 billion and €60 billion by 2030, with a gross margin of 56% to 60%. The semiconductor industry is expected to see robust growth, with global sales surpassing $1 trillion by...Show More

ASML Holding N.V. (ASML), a leading supplier to the semiconductor industry, presented an updated view on market opportunities during its Investor Day meeting on November 14, 2024. The company outlined its long-term strategy and provided insights into global market and technology trends, particularly focusing on the potential of Artificial Intelligence (AI) to drive productivity and innovation. ASML's President and CEO, Christophe Fouquet, expressed confidence in the company's ability to scale Extreme Ultraviolet (EUV) technology and leverage AI opportunities to achieve significant growth in revenue and profitability. The company forecasts potential annual revenue between €44 billion and €60 billion by 2030, with a gross margin of 56% to 60%. The semiconductor industry is expected to see robust growth, with global sales surpassing $1 trillion by 2030, translating to an annual growth rate of about 9% from 2025 to 2030. ASML also anticipates a double-digit Compound Annual Growth Rate (CAGR) in EUV lithography spending for advanced Logic and DRAM between 2025 and 2030. Executive Vice President and CFO Roger Dassen confirmed ASML's capital allocation strategy, which includes returning significant cash to shareholders through dividends and share buybacks. The company also emphasized the importance of strong industry partnerships and its commitment to maintaining a leadership position in Environmental, Social, and Governance (ESG) sustainability. The Investor Day event included a live webcast and presentations, with recordings to be made available on ASML's website.