analysts bullish on asml: ai boom to fuel growth through 2030
Veldhoven, Friday, 5 September 2025.
Analysts are optimistic about ASML’s stock performance over the next five years. The increasing demand for AI chips will likely drive this growth. ASML’s dominance in EUV lithography positions it as a critical player in the semiconductor industry. The company reported revenue of €15.4 billion in the first half of 2025, a 34% increase from 2024. Some of ASML’s EUV machines sell for over $400 million.
asml’s market leadership
ASML specializes in extreme ultraviolet (EUV) lithography, a crucial technology for manufacturing advanced semiconductors [1]. Major chipmakers like TSMC, Samsung, and Intel rely on ASML’s EUV machines [1]. These machines are essential for producing the high-performance chips required for artificial intelligence and other demanding applications [1]. The AI chip market is projected to grow at a compound annual growth rate (CAGR) of 29% through 2030, indicating sustained demand for ASML’s technology [1].
financial performance and expectations
ASML’s financial results for the first half of 2025 demonstrate strong growth [1]. The company’s revenue reached €15.4 billion ($18.0 billion), a 34% increase compared to the same period in 2024 [1]. Gross margins also improved, rising from 51.2% to 53.7% [1]. Net income for the first two quarters of 2025 exceeded €4.6 billion ($5.4 billion) [1]. ASML anticipates a 15% annual net sales growth for 2025, though gross margins are expected to slightly decrease to 52% [1].
valuation and investor perspective
ASML’s price-to-earnings (P/E) ratio is currently at 28, which is a multiyear low [1]. This is below the average P/E ratio of 41 over the previous five years [1]. Despite the cyclical nature of the semiconductor industry, analysts predict ASML will likely outperform the market in the next five years [1]. This positive outlook is based on ASML’s critical role in enabling AI chip production [1].