ASML Shares Soar 6.23% on Bold Semiconductor Growth Forecasts and Shareholder Returns Strategy

Recently, ASML's shares surged by 6.23% on May 12, marking the highest intraday price since February 2025. The Dutch semiconductor equipment maker, ASML, reiterated its long-term growth outlook during its investor day. The company projects that global semiconductor sales will exceed $1 trillion by 2030, with a compounded annual growth rate (CAGR) of approximately 9% from 2025 to 2030. Sales growth is expected to average between 8% and 14% over the next five years. Additionally, ASML pledged to increase dividends and undertake share buybacks.

ASML remains optimistic about its long-term revenue outlook, betting on a boom driven by demand for semiconductors in artificial intelligence applications. The company reaffirmed its previous forecast of achieving sales between 44 billion and 60 billion euros by 2030. Roger Dassen, ASML's Chief Financial Officer, emphasized the company's commitment to its capital allocation strategy, anticipating continued substantial cash returns to shareholders through increased dividends and share repurchases. They also expect a gross margin of 56% to 60% by 2030.

ASML's robust performance underscores its strategic positioning in the semiconductor market, where artificial intelligence advancements are fueling increased demand for high-tech chips. With an eye on expanding its market footprint and enhancing shareholder value, ASML is poised to play a pivotal role in the evolving tech landscape. The commitment to reinvest in growth opportunities while rewarding investors aligns with the company's goal to capitalize on burgeoning market trends.