ASML, the leading chip machine manufacturer based in Veldhoven (Netherlands), has reported a dramatic increase in orders during the fourth quarter of last year, marking a commendable achievement despite global market challenges. The company’s orders surged to an impressive 7.1 billion euros, a substantial rise from the 2.6 billion euros in the third quarter and an increase from the nearly 5.6 billion euros recorded in the quarter before that.

In addition to the surge in orders, ASML achieved record-breaking sales of 28.3 billion euros in 2024, with profits soaring to 7.6 billion euros. Looking forward, the company anticipates further growth in 2025, projecting sales to escalate between 30 and 35 billion euros.

The company attributes much of this growth to the increasing demand for advanced chip machines, essential for artificial intelligence (AI) applications. Despite existing Dutch and US export restrictions, ASML remains optimistic about its growth prospects. Christophe Fouquet, ASML’s CEO, emphasized, “Artificial intelligence is the main driver of our sector. It has caused a shift in the market that not all customers benefit equally from.”

With AI continuing to reshape various industries, ASML is strategically positioned to cater to the rising needs for cutting-edge chip technology, reinforcing its standing as a pivotal player in the semiconductor fabrication industry.