ASML Holding

ASML reported ~EUR 9.72B quarterly revenue (per manifest, strong Q4 seasonality). FY2025 total ~EUR 32.7B. AI chip manufacturing now represents a substantial and growing share of leading-edge wafer starts. NVIDIA Blackwell Ultra, AMD MI400 series, and expanding custom AI ASIC production all require EUV lithography at 3nm/2nm. High-NA EUV adoption accelerating for AI chip-driven 2nm and below. However, smartphone SoCs (Apple, Qualcomm), PC chips, and automotive still consume significant EUV capacity. DUV revenue (~30% of total) remains largely non-AI. Estimate ~18%.