ASML Holding Soars 4.26% on AI-Driven Semiconductor Boom

Mover TrackerMonday, May 12, 2025 6:12 am ET
1min read

On May 12, 2025, ASML Holding rose 4.26% in pre-market trading, reflecting strong investor confidence in the company's future prospects.

ASML Holding reaffirmed its long-term growth outlook during an investor day, projecting that global semiconductor sales will exceed $1 trillion by 2030, with a compound annual growth rate of approximately 9% from 2025 to 2030. The company expects an average sales growth rate of 8% to 14% over the next five years and has committed to increasing dividends and share buybacks.

ASML Holding's optimism is driven by the anticipated boom in semiconductor demand fueled by artificial intelligence. The company forecasts that its revenue will range between 44 billion euros and 60 billion euros by 2030, aligning with previous estimates. ASML Holding's Chief Financial Officer, Roger Dassen, confirmed the company's capital allocation strategy, which includes returning significant cash to shareholders through increased dividends and stock repurchases. Additionally, the company expects its gross margin to be between 56% and 60% by 2030.