asml fast-tracks netherlands expansion: new campus by 2028?
Veldhoven, Friday, 9 May 2025.
asml is accelerating its netherlands expansion. the new campus, equivalent to 50 football fields, may be operational by 2028, two years ahead of schedule. this expansion highlights asml’s dedication to boosting production to meet the rising demand for semiconductor manufacturing tech. the dutch government has invested €1.7 billion into the project. this move could positively influence asml’s stock, showcasing proactive measures to satisfy the needs of major chipmakers like tsmc, intel and samsung.
Campus details and strategic importance
The expanded campus, situated between Eindhoven Airport and the A2 motorway, will cover 357,000 square meters [1][4]. This area is roughly equivalent to 50 football fields [1][4]. ASML’s expansion aims to meet the increasing demand for EUV (extreme ultraviolet) machines from leading chip manufacturers [1]. These include TSMC, Intel, and Samsung [1]. The new campus will feature two parking garages and space for 4,200 bicycles [1][4]. This demonstrates a commitment to sustainable transportation for its employees [1].
Financial implications and growth projections
ASML anticipates significant revenue growth in the coming years [7]. The company projects annual revenue to increase from €27.8 billion in 2024 to between €44 billion and €60 billion [7]. This projected growth underscores the importance of the expansion to meet future demand [7]. The Dutch cabinet has committed €1.7 billion to support the microchip sector, further facilitating ASML’s growth [1][3][4]. This financial backing highlights the strategic importance of ASML to the Netherlands and the global semiconductor industry [3].
Local perspectives and potential challenges
While the expansion is generally welcomed, it also raises concerns within the local community [2][5]. Some residents worry about the increasing number of expatriates and the pressure on local services [2]. These include healthcare and housing [2]. Environmental organizations and neighboring municipalities will have the opportunity to respond to the expansion plans [1][4]. These consultations are scheduled around May 20, 2025 [3]. The municipality of Eindhoven already owns 80% of the land, acquired through a deal with Philips [1][4][7].
Statements from key stakeholders
Eindhoven alderman Stijn Steenbakkers described the expansion as an “on-Dutch large” project [3][6]. ASML CFO Roger Dassen acknowledged the plan as “an important step” [3][7]. However, Dassen cautioned that “further steps are still needed to actually realize our future growth” [3]. These statements highlight both the significance and the remaining challenges of the expansion project [3]. The project aims to accommodate the first of 20,000 new employees by 2028 [3][4].