ASML is a Dutch company and one of the leading manufacturers of photolithography equipment used in the semiconductor industry. The company specializes in producing advanced machines that enable the fabrication of integrated circuits or chips. ASML’s technology is critical for the production of smaller, more powerful electronic devices, as it supports the process of transferring intricate circuit designs onto silicon wafers. Their most notable innovation is extreme ultraviolet lithography (EUV), which allows for the production of chips at smaller nodes compared to traditional methods. ASML plays a pivotal role in the global supply chain for semiconductor manufacturing, which is essential for various applications ranging from consumer electronics to artificial intelligence and high-performance computing.
ASML's stock increased by 4.3% after reporting strong Q4 earnings. The company exceeded earnings expectations, reporting €6.85 per share compared to the forecasted €6.68. Quarterly revenue reached €9.2 billion, surpassing…