ASML‘s annual net sales increased by 30.2%, impacting the 0.7nm process by 2030

Source: International E-commerce News

    Dutch semiconductor equipment supplier ASML released its annual report for 2023 on the 14th. The report, with the theme of "Small Images, Big Impact", showcases ASML‘s business model and strategy, corporate governance, and financial performance.

    During the reporting period, ASML‘s net sales for the entire year of 2023 reached 27.6 billion euros, an increase of approximately 30.2% year-on-year from 21.2 billion euros in 2022; The net profit is 7.8 billion euros.

    ASML is the world‘s largest manufacturer of lithography systems. This type of equipment plays a crucial role in the manufacturing of semiconductors. Despite warnings from chip manufacturers such as Intel, Texas Instruments, and Infineon Technology about weak sales this year, demand for Asma products remains a barometer for the entire industry.

    ASML is optimistic that the semiconductor market has reached the bottom and is showing signs of recovery, but also warns that geopolitical tensions and the United States may expand export controls on Chinese Mainland are still operational risks.

    ASML CFO Roger Dassen commented, "We believe that the market is currently at its lowest point of decline, and although we cannot predict the exact future trend, a recovery is budding." He said, "There is no doubt that longer-term trends are certain." Artificial intelligence (AI), electrification, and energy transformation are bullish for ASML‘s business.

    It is worth mentioning that ASML recently announced that it has delivered the first High NA EUV extreme ultraviolet lithography machine to Intel. This machine will be used to manufacture chips with processes below 2nm and is expected to further promote the development of Moore‘s Law.

    It is understood that this High NA EUV extreme ultraviolet lithography machine has a higher aperture value (NA), which can achieve smaller critical dimensions and metal spacing, thereby supporting the manufacturing of smaller chips. At present, other semiconductor manufacturers such as TSMC and Samsung will also gradually accept this type of lithography machine, which is expected to support chip manufacturing with a process of about 1nm.

    Next, ASML is researching the next generation of Hyper NA lithography machines to further advance the development of Moore‘s Law. This new type of lithography machine will further increase the aperture value, expected to exceed 0.7nm. ASML CTO Martin van den Brink proposed the concept of Hyper NA EUV in his 2023 Annual Report, which is expected to be released by 2030.