ASML Sees Revenue Growth in 2024 Amid Industry Challenges

Chip equipment manufacturer ASML achieved slightly higher revenue in 2024, totaling €28.3 billion, with a particularly strong final quarter. The company had experienced rapid growth in previous years, but this leveled off last year.

ASML had predicted a positive trajectory for this year, which is reflected in the €9.3 billion revenue in the last quarter alone, €1.8 billion more than the previous record quarter. A key indicator of future growth is orders, which amounted to €7 billion in the last quarter of 2024, the highest in a year.

Expectations are for 2025 to be a record year, with projected revenue between €30 and €35 billion.

Source: NOS

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