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If you're reading this article on your phone or laptop, it's almost certain that the chip in your device was produced using ASML machinery. Although not as famous to the public as Apple, Google, or Meta, ASML is Europe's largest technology company, holding a monopoly position in the production of advanced lithography machines – the core technology for manufacturing the world's most powerful chips.
Established in the Netherlands in 1984, ASML develops and produces the most advanced lithography systems, playing an essential role in the semiconductor manufacturing process. Without ASML, no modern chips, meaning no smartphones, computers, or countless other tech devices we use every day.
With over 42,000 global employees and revenue of 29.4 billion USD in FY2024, ASML not only maintains its monopoly position in EUV lithography but also continuously invests in R&D to widen the gap with competitors.
Viet Hustler will analyze in detail ASML's position in the semiconductor industry, business strategy, risks, as well as the company's growth opportunities in this article:
Development History and Current CEO
What is EUV? How Does the Lithography Printing Process Work?
ASML's Business Model
Competitive Advantage Analysis
Financial Analysis
ASML's Risks and Challenges



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