ASML is the sole manufacturer of extreme ultraviolet (EUV) lithography machines, the equipment used to print the most advanced transistor patterns onto silicon wafers. Producing chips at 7nm and below—the nodes at which virtually all leading AI accelerators are manufactured—is not possible without EUV. ASML supplies its machines to TSMC, Samsung, and Intel. No other company in the world produces EUV lithography equipment.

Every AI chip manufactured at advanced nodes passes through ASML equipment. Nvidia's Blackwell, AMD's MI300, Google's TPU, and every custom ASIC built for AI inference run on silicon patterned by ASML's machines. As the AI infrastructure buildout has driven unprecedented investment in advanced semiconductor capacity, demand for ASML's equipment has grown accordingly. Foundries and memory manufacturers are placing multi-year orders to secure machine allocation.

In 2025, ASML's High-NA EUV machines—the next generation enabling finer pattern resolution—began ramping at customer sites for sub-2nm production. This system is required for the 2nm and 1.6nm nodes that TSMC and others are preparing for next-generation AI chips. ASML projects approximately $71B in revenue by 2030, underpinned by AI chip demand driving both volume growth in existing EUV systems and the transition to High-NA systems.