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ASML Projects Revenue Surge to $63 Billion by 2030, Eyes AI and Chip Market Boom

Benzinga LogoBenzinga1w ago

ASML Projects Revenue Surge to $63 Billion by 2030, Eyes AI and Chip Market Boom - Benzinga

Quick Summary:

The semiconductor equipment maker projected significant revenue expansion, with scenarios estimating annual sales of $46.51 billion – $63.43 billion (44 billion euros – 60 billion euros) by 2030, alongside a gross margin target of 56%-60%.

Also Read: Taiwan Semi Boosts Advanced Chipmaking with Record EUV Expansion, Grabs 56% Global Share

ASML expects robust demand from the semiconductor sector, with projected global sales surpassing $1 trillion by 2030.This ...


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Article Details

Author / Journalist: Anusuya Lahiri

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 16:09:56 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 430 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23588530

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About Benzinga

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 2 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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