ASML stands as Europe’s best shot at reaching $1 trillion by 2035, powered by its lead in the semiconductor gear industry. The firm essentially controls the market for extreme ultraviolet (EUV) lithography systems, the machines that make the tiny circuits found in advanced chips for AI and beyond.
By enabling giants like TSMC, Samsung, and Intel to fabricate smaller, quicker, and greener chips, ASML locks in a competitive advantage. That technological gap creates a high barrier for rivals and sets the stage for steady double-digit sales growth that outpaces the general semiconductor trend, as demand for AI continues to accelerate.
ASML’s forecast of an 11.4% compound annual growth rate for the next ten years matches most industry reports that highlight the semiconductor demand surge driven by AI.
Even with some near-term volatility, possibly slower revenue growth in 2026 management stands by the objective of doubling sales by the end of the decade and raising gross margins into the 50%-plus range.
The stock is seen as fairly valued next to other fast-growing AI names and distributes a steady, if modest, dividend, making it an attractive pick for long-term buyers.
Long-term potential is further underpinned by a surge in AI chip orders from large data centers, cloud providers, and next-gen AI workloads which in turn will drive demand for the cutting-edge lithography tools that only ASML can supply.
This places it at the intersection of growth and value, making it a core holding in diversified AI portfolios. While investors must keep an eye on geopolitical pressures and the usual ebb-and-flow of major customer scheduling, a ten-year horizon is justified by ASML’s critical role in powering the broader AI economy.
To summarize, ASML’s unmatched technology, strategic leadership, and exposure to AI-led semiconductor expansion position it to become one of Europe’s first trillion-euro companies by 2035, underpinned by continuous innovation and a steadily widening global need for sophisticated chips.
