1 Reason ASML's Revenue Could Soar in 2025 and Beyond
ASMLASML Holding(ASML) The Motley Fool·2024-04-18 17:35

No growth in 2024 should give way to a much stronger 2025. Semiconductor equipment provider ASML (ASML -7.09%) is off to a rough start this year. Demand is muted, particularly for equipment that doesn't use extreme ultraviolet lithography. ASML's revenue sank 22% year over year to 5.29 billion euros in the first quarter. Net bookings and the number of new lithography systems sold slumped, as well. For the full year, the company expects total revenue to be roughly flat, compared to 2023. ASML stock took a mi ...