Can ASML sustain its revenue growth into 2024?

**ASML is poised to sustain its revenue growth into 2024**, driven by several key factors:

1. **Growth Predictions**: ASML's revenue growth rate is predicted to be approximately 41.01% in 2024, with an estimated revenue of $8.08 billion. This significant increase indicates a strong growth trajectory for the company.

2. **Market Demand**: The semiconductor industry is experiencing exponential growth, driven by technological advancements and increasing data creation and processing needs. ASML's products are aligned with industry trends and customer roadmaps, positioning it well to capitalize on this demand.
3. **Innovation and Product Portfolio**: ASML's focus on lithography and its evolution in semiconductor manufacturing is a key growth driver. The company's innovative products, such as the NXE:3800E system, are expected to contribute to revenue growth in 2024.
4. **Customer Commitment**: ASML's customers are indicating healthy growth, primarily driven by AI-related demand for both Logic and Memory. The company's expectations for continued growth in 2025, with annual sales potentially reaching €30-40 billion, further supports the notion of sustained growth in 2024.
5. **Strategic Financial Goals**: ASML's long-term financial strategy aims for continued sustainable growth, with a goal to reach annual sales of €30-40 billion by 2025 and €44-60 billion by 2030. The company's progress toward these goals suggests a strong commitment to sustaining revenue growth.

In conclusion, ASML's robust growth predictions, alignment with market trends, innovative product offerings, customer commitments, and strategic financial goals all point to the company's ability to sustain its revenue growth into 2024.