
ASML’s scores record revenues despite wafer fab push outs
ASML Holding NV (Veldhoven, The Netherlands) has confirmed its position the largest vendor of chip manufacturing equipment with record revenue in 4Q24.
The lithography equipment maker announced a net profit of €2.69 billion on quarterly revenues of €9.26 billion that are up 28 percent on the same quarter a year before. For the full year 2024 ASML made a net profit of €7.57 billion on revenue of €28.26 billion. The annual revenue was up 2.6 percent compared with 2023 and the profit slightly reduced.
The company has forecast 1Q25 revenue of between €7.5 billion and €8.0 billion. At the mid-point this would be 46.5 percent ahead of 1Q24 revenue.
One slightly negative indicator was that the net bookings for 2024, at €18.90 billion was down from 2023 when it was €20.04 billion.
Christophe Fouquet said that the fourth quarter sales came in above guidance and was driven primarily by payments for equipment upgrades. “We also recognized revenue on two high-NA EUV systems. We shipped a third high-NA EUV system to a customer in the fourth quarter.”
“Consistent with our view from the last quarter, the growth in artificial intelligence is the key driver for growth in our industry. It has created a shift in the market dynamics that is not benefiting all of our customers equally, which creates both opportunities and risks as reflected in our 2025 revenue range,” said Fouquet.
The company maintained its forecast for 2025 full-year revenue at between €30 billion and €35 billion.
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