$ASML

Semiconductor industry revenue grew to $792B in 2025, with projections reaching $2.3T by 2030. TSMC, the largest foundry, and ASML, the sole EUV machine maker, dominate their niches. TSMC's Q3 revenue rose 41% to $46.7B, while ASML's Q3 revenue increased 55% to €11.66B, with net income up 133%. Both companies are well-positioned for long-term growth due to AI-driven demand.

European stocks fell Tuesday amid Middle East tensions and US election uncertainty. The Stoxx 600 index dropped 0.58%, led by mining shares. Ryanair, Bank of Ireland, and Glanbia declined, while Zalando fell 6.6% on earnings. Bayer and Lufthansa rose. The FTSE 100 dropped 1.1%, with miners and banks leading declines. In the US, the S&P 500 and Nasdaq rose, but Apple fell 2.2% on chip cost concerns.

Europe's Stoxx 600 index fell 0.4% on Nov 3, led by a 1.6% drop in tech stocks due to AI concerns. STMicro and ASML declined over 1.1%. Siemens Energy lost nearly 1%. Drax surged 9% on a data center project, Bayer rose 4.4% after raising its 2026 profit forecast. Brent crude gained 1.3% to over $100/barrel amid Middle East tensions.

Samsung Electronics and SK Hynix are expanding production capacity for memory chips, driving hiring and investment by global semiconductor equipment makers. ASML, Lam Research, and Tokyo Electron (TEL) have increased their South Korean workforce by 2,500 in three years. Samsung and SK Hynix plan to invest about $89.3 billion combined this year, boosting demand for on-site engineers and equipment.

European shares fell on Tuesday, led by tech sector declines after Apple warned of margin compression from rising chip costs. Semiconductor stocks like ASML and STMicroelectronics dropped 2-4%. Oracle's $20B capital raise also raised AI funding concerns. Lufthansa and Philips shares moved on earnings news. U.S. midterms and nonfarm payrolls added to market caution.

ASML Holding (ASML) fell 6.1% on Friday due to a broader chip sector selloff triggered by Intel's forecast. Despite this, ASML reported record Q3 sales of €11.7 billion and guided Q4 sales between €14.2 billion and €15.2 billion. CEO Christophe Fouquet stated that supply will not fully meet demand for 2027 and 2028, indicating strong customer demand.

ASML repurchased 346,200 shares from October 26 to 30, 2026, at an average price of €1,452.50, totaling €503.03 million. The buyback program, announced in January 2026, aims to reduce shares outstanding. ASML is a semiconductor equipment supplier traded on Euronext Amsterdam and NASDAQ.

ASML, the world's only EUV lithography equipment maker, has tied executive pay to employee satisfaction. The move follows a 4.5% drop in its engagement index. ASML posted a record €9.6B net profit last year and raised its sales forecast. The company is also restructuring, cutting about 1,700 jobs. ASML's share price has risen 45% this year.

ASML and Applied Materials reported earnings growth, with ASML's net income more than doubling to $5.71B, while Applied Materials' rose 42.7% to $2.54B. ASML trades at 35x forward earnings, higher than Applied Materials' 31x. Year-to-date, ASML is up 56.6%, and Applied Materials is up 64.1%. ASML offers a 0.44% dividend yield, while Applied Materials provides 0.54%. Analysts rate both as 'Strong Buy' with significant upside potential.

Rep. Kevin Hern (R-Okla.) sold shares of Texas Instruments (TXN), Seagate Technology (STX), and ASML Holding (ASML) in October, according to Benzinga. He also sold TXN shares in March. Hern has sold $11.5M in stocks in 2026, per Quiver Quantitative.