ASML system sales revenue worldwide 2017-2023, by technology

Of the 21.94 billion euros in system sales in 2023, just over seven billion euros came from NXE systems including extreme ultraviolet (EUV) lithography machines. ASML is the leading manufacturer of EUV equipment, which is an advanced technology with the capability of developing ever more powerful chips.

Advanced chipmakers rely on ASML

As an important member of the global chip industry, Netherlands-based ASML is the largest European semiconductor company in terms of market capitalization. ASML offers a wide portfolio of semiconductor manufacturing equipment and services, used by a variety of firms in the production of advanced chips. ASML’s solutions are used by the likes of Taiwan Semiconductor Manufacturing Company (TSMC) – the world’s largest semiconductor foundry.

Where do ASML’s machines fit in the production process?

The semiconductor industry can be categorized into three distinct stages: design, fabrication, and assembly. The production or fabrication of semiconductors is completed either by integrated device manufacturers such as Intel or Samsung, or outsourced to a foundry company. A foundry is a company that manufactures chips in a fabrication plant. Such firms rely on semiconductor manufacturing equipment – like those supplied by ASML – and materials to fabricate a chip design on a silicon wafer.