ASML’s Semiconductor Dominance Poised to Outperform S&P 500 Through 2026
ASML Holdings NV has surged 45.7% year-to-date, dramatically outpacing the S&P 500's 13.4% gain. The semiconductor equipment manufacturer's third-quarter earnings reveal a company executing flawlessly on its roadmap, with €7.5 billion in net sales and projected fourth-quarter revenue between €9.2-9.8 billion.
The Dutch firm's extreme ultraviolet (EUV) lithography systems continue revolutionizing chip manufacturing. Nine EUV units sold last quarter - including a cutting-edge high-NA system - command average prices around €400 million each. ASML maintains confident 2030 targets of €44-60 billion revenue with 56-60% gross margins, suggesting sustained growth potential.