ASML's 23.98 Billion Trading Volume Ranks 24th Amidst AI and Semiconductor Surge

On July 23, 2025, ASML's trading volume reached 23.98 billion, ranking 24th in the day's stock market. ASML's stock price increased by 1.62%.

ASML's groundbreaking technology continues to advance the fields of AI and semiconductor manufacturing. Despite near-term growth concerns, the company's competitive advantages remain strong. ASML is the sole producer of extreme ultraviolet lithography (EUV) machines, which are crucial for manufacturing the world's most advanced chips. This position, however, has not been sufficient to make the stock a winner recently. While the broader AI and semiconductor sectors have seen significant gains, ASML's stock has declined sharply from its peak last year.

ASML's business model, which involves selling high-cost machines, results in quarterly volatility. In the second quarter, the company reported a 23% revenue growth to 7.69 billion euros, beating estimates but showing a slight decline from the previous quarter. The company sold 67 new lithography machines, down from 73 in the first quarter. Net bookings increased from 3.9 billion euros in Q1 to 5.5 billion, with 2.3 billion euros worth of orders for EUV machines. Profit and gross margin also saw slight declines.

ASML faces challenges due to export restrictions on semiconductor technology to China, which has led to order cancellations and a reduction in backlog. Additionally, the company's cautious outlook for 2026, driven by macroeconomic and geopolitical uncertainties, has raised concerns among investors. For the third quarter, ASML expects 15% revenue growth, to 7.4 billion euros to 7.9 billion euros.

Despite these challenges, ASML's strong position in AI-related demand and its monopoly in new technology present long-term growth opportunities. The company continues to expect 44 billion to 60 billion euros in revenue by 2030, with improving gross margins. If ASML can deliver on these expectations, the stock has the potential to be a winner over the next five years.