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href="/en/technology/all-about-microchips">All about chips overview</a></li><li data-level="3"><a title="The basics" target="" class="not-active " href="/en/technology/all-about-microchips/microchip-basics">The basics</a></li><li data-level="3"><a title="How microchips are made" target="" class="not-active " href="/en/technology/all-about-microchips/how-microchips-are-made">How microchips are made</a></li><li data-level="3"><a title="Moore's Law" target="" class="not-active " href="/en/technology/all-about-microchips/moores-law">Moore's Law</a></li></ul></li><li data-level="2"><a title="" target="" class="not-active " aria-haspopup="true" aria-expanded="false" href="/en/technology/lithography-principles">Lithography principles</a><ul class="nav--submain nav--submain-2 "><li data-level="3"><a title="Lithography principles overview" target="" class="not-active " href="/en/technology/lithography-principles">Lithography principles overview</a></li><li data-level="3"><a title="The Rayleigh criterion" target="" class="not-active " href="/en/technology/lithography-principles/rayleigh-criterion">The Rayleigh criterion</a></li><li data-level="3"><a title="Light & lasers" target="" class="not-active " href="/en/technology/lithography-principles/light-and-lasers">Light & lasers</a></li><li data-level="3"><a title="Lenses & mirrors" target="" class="not-active " href="/en/technology/lithography-principles/lenses-and-mirrors">Lenses & mirrors</a></li><li data-level="3"><a title="Mechanics & mechatronics" target="" class="not-active " href="/en/technology/lithography-principles/mechanics-and-mechatronics">Mechanics & mechatronics</a></li><li data-level="3"><a title="Measuring accuracy" target="" class="not-active " href="/en/technology/lithography-principles/measuring-accuracy">Measuring accuracy</a></li><li data-level="3"><a title="Pushing k1 further" target="" class="not-active " href="/en/technology/lithography-principles/pushing-k1-further">Pushing k1 further</a></li></ul></li><li data-level="2"><a title="" target="" class="not-active " aria-haspopup="true" aria-expanded="false" href="/en/technology/how-we-innovate">How we innovate</a><ul class="nav--submain nav--submain-2 "><li data-level="3"><a title="How we innovate overview" target="" class="not-active " href="/en/technology/how-we-innovate">How we innovate overview</a></li><li data-level="3"><a title="Fellows" target="" class="not-active " href="/en/technology/how-we-innovate/fellows">Fellows</a></li></ul></li><li data-level="2"><a title="" target="" class="not-active " href="/en/technology/software">Software</a></li></ul></li><li data-level="1"><a title="Products" target="" class="not-active " aria-haspopup="true" aria-expanded="false" href="/en/products">Products</a><ul class="nav--submain nav--submain-1 "><li data-level="2"><a title="Products overview" target="" class="not-active " href="/en/products">Products overview</a></li><li data-level="2"><a title="EUV lithography" target="" class="not-active " href="/en/products/euv-lithography-systems">EUV lithography</a></li><li data-level="2"><a title="DUV lithography" target="" class="not-active " href="/en/products/duv-lithography-systems">DUV lithography</a></li><li data-level="2"><a title="Refurbished systems" target="" class="not-active " href="/en/products/refurbished-systems">Refurbished systems</a></li><li data-level="2"><a title="Metrology & inspection" target="" class="not-active " href="/en/products/metrology-and-inspection-systems">Metrology & inspection</a></li><li data-level="2"><a title="Computational lithography" target="" class="not-active " href="/en/products/computational-lithography">Computational lithography</a></li><li data-level="2"><a title="Customer support" target="" class="not-active " href="/en/products/customer-support">Customer support</a></li></ul></li><li data-level="1"><a title="" target="" class="not-active " aria-haspopup="true" aria-expanded="false" 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href="/en/investors/why-invest-in-asml/capital-return-and-financing">Capital return & financing</a></li><li data-level="3"><a title="Share buyback" target="" class="not-active " href="/en/investors/why-invest-in-asml/share-buyback">Share buyback</a></li></ul></li><li data-level="2"><a title="" target="" class="not-active " href="/en/investors/annual-report">Annual reports</a></li><li data-level="2"><a title="Financial results" target="" class="not-active " aria-haspopup="true" aria-expanded="false" href="/en/investors/financial-results">Financial results</a><ul class="nav--submain nav--submain-2 "><li data-level="3"><a title="Financial results overview" target="" class="not-active " href="/en/investors/financial-results">Financial results overview</a></li><li data-level="3"><a title="" target="" class="not-active " href="/en/investors/financial-results/q3-2024-572fba47762609d4">Q3 2024</a></li><li data-level="3"><a title="" target="" class="not-active " 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href="/en/investors/shares">Shares overview</a></li><li data-level="3"><a title="Share price" target="" class="not-active " href="/en/investors/shares/share-price">Share price</a></li><li data-level="3"><a title="SEC filings" target="" class="not-active " href="/en/investors/shares/sec-filings">SEC filings</a></li><li data-level="3"><a title="Analyst coverage" target="" class="not-active " href="/en/investors/shares/analyst-coverage">Analyst coverage</a></li><li data-level="3"><a title="Shareholder meetings" target="" class="not-active " href="/en/investors/shares/shareholder-meetings">Shareholder meetings</a></li></ul></li><li data-level="2"><a title="Investor days" target="" class="not-active " href="/en/investors/investor-days">Investor days</a></li><li data-level="2"><a title="Financial calendar" target="" class="not-active " href="/en/investors/financial-calendar">Financial calendar</a></li><li data-level="2"><a title="Contact Investor Relations" target="" class="not-active " href="/en/investors/contact-investor-relations">Contact Investor Relations</a></li></ul></li></ul><nav class="nav--meta"><ul><li><a title="Contact us" target="" class="" href="/en/contact-us">Contact us</a></li><li><a title="SupplierNet" target="" class="" href="/en/products/supplier-net">SupplierNet</a></li><li><a title="CustomerNet" target="" class="" href="/en/products/customernet">CustomerNet</a></li><li><a title="ASML Foundation" target="" class="" href="/en/company/asml-foundation">ASML Foundation</a></li></ul></nav><div class="visual-grid--line h-px bg-color-primary-350/40 w-4/5 lg:hidden"></div></nav></div></div></div><div class="col-span-12"><div class="backdrop " role="button" tabindex="0"></div><div class="sb-headroom headroom "><div class="visual-grid--vertical box pointer-events-none absolute left-0 top-0 z-10 h-full "><div class="grid h-full grid-cols-12"><div class="col-span-6 h-full border-x border-color-primary-350/40 md:col-span-2 md:border-l-0"></div><div class="col-span-4 hidden h-full border-r border-color-primary-350/40 md:block xl:hidden"></div><div class="col-span-4 hidden h-full border-r border-color-primary-350/40 md:block xl:hidden"></div><div class="col-span-6 h-full border-r border-color-primary-350/40 md:hidden xl:col-span-2 xl:block"></div><div class="col-span-2 hidden h-full border-r border-color-primary-350/40 xl:block"></div><div class="col-span-2 hidden h-full border-r border-color-primary-350/40 xl:block"></div><div class="col-span-2 hidden h-full border-color-primary-350/40 md:block xl:border-r"></div></div></div><div class="guttered-box"><div class="guttered flex h-full items-center"><div class="block w-full"><span class="mb-4 block text-nav1 text-color-white">Search</span><form class="search-bar-form" method="GET" role="search"><div class="search-bar search-bar--header"><input class="search-bar-input" placeholder="Search the site" name="query" autoComplete="off" maxLength="100" aria-label="search" value=""/><button class="flex items-center text-color-white button--search block " title="" type="submit" aria-label=""><span class="fill-color-white h-full w-full"><span class="search-icon "></span></span></button></div></form></div></div></div></div></div></div></header><div id="content" class="grid grid-cols-12"><div class="hero-banner-container col-span-12" id="hero-banner"><div class="component hero-banner hero-banner--main hero-banner--medium bg-color-primary bg-dark "><div class="hero-banner-image-container"></div><div class="hero-banner-content-container "><div class="fluid-grid"><div class="hero-banner-content translate-y-0 opacity-100 "><div class="component breadcrumbs--hero-banner"><nav><ol><li class=" "><a title="Home" href="/en">Home</a><svg width="6" height="9" viewBox="0 0 6 9" xmlns="http://www.w3.org/2000/svg"><path d="M1.52 9.056 5.157 5.42h.001l.606-.606L1.521.57l-.606.606L4.55 4.814.915 8.45l.606.606Z" fill="currentColor" fill-rule="nonzero"></path></svg></li><li class=" "><a title="Investors" href="/en/investors">Investors</a><svg width="6" height="9" viewBox="0 0 6 9" xmlns="http://www.w3.org/2000/svg"><path d="M1.52 9.056 5.157 5.42h.001l.606-.606L1.521.57l-.606.606L4.55 4.814.915 8.45l.606.606Z" fill="currentColor" fill-rule="nonzero"></path></svg></li><li class="mobile-back-item "><svg width="6" height="9" viewBox="0 0 6 9" xmlns="http://www.w3.org/2000/svg"><path d="M4.52.571.887 4.208H.884l-.606.606 4.243 4.242.606-.606-3.635-3.636 3.635-3.637L4.52.571Z" fill="currentColor" fill-rule="nonzero"></path></svg><a title="Why invest in ASML" href="/en/investors/why-invest-in-asml">Why invest in ASML</a><svg width="6" height="9" viewBox="0 0 6 9" xmlns="http://www.w3.org/2000/svg"><path d="M1.52 9.056 5.157 5.42h.001l.606-.606L1.521.57l-.606.606L4.55 4.814.915 8.45l.606.606Z" fill="currentColor" fill-rule="nonzero"></path></svg></li></ol></nav></div><h1 class="hero-banner-title page-title" role="heading">Financial strategy</h1><p role="heading" class="hero-banner-subtitle page-subtitle scrollbar-hide max-h-[198px]">Our long-term financial strategy and growth expectations</p><div class="hero-banner-comp"><div class="hero-banner-comp-line"><svg class="h-full w-full object-cover object-center " role="img" xlink:title="long arrow"><use href="/images/icons/long-arrow.svg#long-arrow"></use></svg></div><label class="hero-banner-comp-text"><span class="">01 / 31</span></label></div></div></div></div></div></div><div class="component col-span-12 bg-color-gray-100 bg-light custom-container rte-container fluid-grid"><div class="component col-span-12 md:col-span-5 md:col-start-3 custom-rich-text "><div><p>Lithography is at the heart of the semiconductor industry. Over the last 30 years, we have utilized our unique balance of experience and innovation to evolve with the needs of this growing industry and build a strong value-added business for all our stakeholders.</p><p><br /></p><p>We have the right tools in place to execute our long-term financial strategy and expect to achieve continued sustainable growth for the years ahead.</p></div></div></div><div class="component itb itb--default col-span-12 img--left"><div class="itb-text-col component-wrapper"><div class="itb-rt custom-rich-text "><h3>Big trends = sizable growth</h3></div><div class="component col-span-12 mb-6 custom-rich-text "><div><p>Technology is changing fast. Some 175 zettabytes of data will be created annually by 2025.</p><p><br /></p><p>This volume of data could not be realized without the relentless drive of the semiconductor industry to improve the performance of computer chips while reducing their cost.</p><p><br /></p><p>While the world’s most advanced logic and memory chips are powering high-end trends in artificial intelligence, Big Data and automotive technology, the simpler, low-cost chips are integrating sensing capabilities in everyday technology to create a vast Internet of Things.</p><p><br /></p><p>In short, the global semiconductor market will continue to grow exponentially for the coming years.</p><p><br /></p><p>This translates into growth of worldwide fab capacity in all segments, especially at the leading-edge nodes. This provides a long-term growth opportunity for ASML as we continue to meet the semiconductor industry’s demand for higher productivity, lower cost, and simpler chip-making processes.</p><p><br /></p><p>Based on the different market scenarios, we believe we have an opportunity to reach annual sales of between approximately €30 billion and €40 billion in 2025, with a gross margin between approximately 54% and 56%. Looking further ahead, for 2030 we believe we have an opportunity to reach annual sales of between approximately €44 billion and €60 billion, with a gross margin between approximately 56% and 60%.</p></div></div><div class="component primary-btn col-span-12"><a title="" target="" class="btn button--yellowline " rel="noopener noreferer" href="/en/investors/investor-days"><span class="text-span">See investor days</span></a></div></div><div class="itb-media-col component-wrapper"><div class="itb-img"><img alt="Peter Wennink Former CEO of ASML presenting annual figures" width="1920" height="1280" loading="lazy" title="Peter Wennink Former CEO of ASML presenting annual figures" style="object-position:76.95% 30.18%" sizes="(max-width: 99px) 100px, (max-width: 319px) 320px, (max-width: 499px) 500px, (max-width: 575px) 575px, 1200px" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/why-invest-in-asml/43596-presentation-annual-figures.jpg?mw=100 100w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/why-invest-in-asml/43596-presentation-annual-figures.jpg?mw=320 320w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/why-invest-in-asml/43596-presentation-annual-figures.jpg?mw=500 500w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/why-invest-in-asml/43596-presentation-annual-figures.jpg?mw=576 576w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/why-invest-in-asml/43596-presentation-annual-figures.jpg?mw=1200 1200w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/why-invest-in-asml/43596-presentation-annual-figures.jpg?h=1280&iar=0&w=1920"/></div></div></div><div class="component itb itb--default col-span-12 bg-color-gray-100 bg-light"><div class="itb-text-col component-wrapper"><div class="itb-rt custom-rich-text "><h3>Expediting EUV</h3></div><div class="component col-span-12 custom-rich-text "><div><p>Shrink is a key driver, supporting innovation and providing long-term growth in the semiconductor industry.</p><p><br /></p><p>But the industry needs the right tools in place to cost-effectively mass produce chip technology, especially as chip features continue to shrink.</p><p><br /></p><p>The transition from <a href="/en/products/duv-lithography-systems" rel="noopener noreferrer">Deep Ultraviolet (DUV)</a> to <a href="/en/products/euv-lithography-systems" rel="noopener noreferrer">Extreme Ultraviolet (EUV)</a> light has simplified the chip manufacturing process and reduced costs across the board in comparison to complex multi-patterning processes.</p><p><br /></p><p>ASML has pioneered EUV lithography. Thanks to the higher resolution our machines achieve, chipmakers can now produce smaller, faster and more powerful chips while keeping costs in check.</p></div></div></div><div class="itb-media-col component-wrapper"><div class="itb-img"><img alt="Inside NXE3400 " width="1920" height="1080" loading="lazy" title="Inside NXE3400 " style="object-position:50% 50%" sizes="(max-width: 99px) 100px, (max-width: 319px) 320px, (max-width: 499px) 500px, (max-width: 575px) 575px, 1200px" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?mw=100 100w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?mw=320 320w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?mw=500 500w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?mw=576 576w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?mw=1200 1200w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?h=1080&iar=0&w=1920"/></div></div></div><div class="component itb itb--default col-span-12 img--left"><div class="itb-text-col component-wrapper"><div class="itb-rt custom-rich-text "><h3>Moore to explore</h3></div><div class="component col-span-12 custom-rich-text "><div><p>EUV industrialization is just the beginning of the next stage of our journey. Our product portfolio is aligned to industry trends and our customers’ detailed product roadmaps, which require lithography-enabled shrink beyond the next decade.</p><p><br /></p><p>ASML will continue to explore many other opportunities in a range of areas that provide unique value drivers for our customers and our businesses.</p></div></div></div><div class="itb-media-col component-wrapper"><div class="itb-img"><img alt="Inside NXE3400 wafer handler" width="1920" height="1080" loading="lazy" title="Inside NXE3400 wafer handler" style="object-position:50% 50%" sizes="(max-width: 99px) 100px, (max-width: 319px) 320px, (max-width: 499px) 500px, (max-width: 575px) 575px, 1200px" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?mw=100 100w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?mw=320 320w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?mw=500 500w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?mw=576 576w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?mw=1200 1200w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?h=1080&iar=0&w=1920"/></div></div></div><div class="component carousel col-span-12 md:mb-12 mb-12 bg-color-gray-100 bg-light" role="link" tabindex="0"><div class="carousel-wrapper -mb-24"><div class="carousel-desktop"><div class="carousel-heading"><hgroup><p class="carousel-subtitle">SUSTAINABILITY</p><span class="carousel-title ">Our focus areas </span></hgroup></div><div class="carousel-mobile"><div class="z-10 flex w-fit items-center gap-4 rounded-28px bg-color-black-900/70 px-8 py-3 absolute left-58.75 top-16 max-md:hidden animate-show-icon opacity-100"><span class="h-2.5 w-2.5 fill-color-white" role="presentation"><svg xmlns="http://www.w3.org/2000/svg" width="10" height="10" viewBox="0 0 10 10" fill="none"><path fill-rule="evenodd" clip-rule="evenodd" d="M4.94975 0.0502621L5.65686 0.757369L1.41423 4.99999L5.65687 9.24262L4.94976 9.94973L0.707128 5.7071L0.707112 5.70712L5.03015e-06 5.00001L2.12145e-05 4.99999L1.17736e-05 4.99998L0.707118 4.29288L0.707128 4.29289L4.94975 0.0502621Z" fill="white"></path></svg></span><span class="my-0.25 h-7.5 w-8 fill-color-yellow" role="presentation"><svg class="h-full w-full object-cover object-center animate-move-swipe-gesture" role="img"><use href="/images/icons/ui.svg#grab-action"></use></svg></span><span class="h-2.5 w-2.5 fill-color-white" role="presentation"><svg xmlns="http://www.w3.org/2000/svg" width="11" height="10" viewBox="0 0 11 10" fill="none"><path fill-rule="evenodd" clip-rule="evenodd" d="M5.84923 9.94974L5.14212 9.24263L9.38475 5.00001L5.14212 0.757376L5.84922 0.0502692L10.0919 4.2929L10.0919 4.29288L10.799 4.99999L10.799 5.00001L10.799 5.00002L10.0919 5.70712L10.0919 5.70711L5.84923 9.94974Z" fill="white"></path></svg></span></div><div class="inline-block h-95 w-65 md:h-125 md:w-73.25"><a title="" target="" class="group relative mr-px block h-full max-w-full text-color-white" href="/en/company/sustainability/circular-economy"><div class="h-full w-full "><div class="relative h-full w-full"><img alt="cleanroom euv wafer stage training" width="1920" height="1269" sizes="(max-width: 768px) 507px, 667px" class="h-full w-full object-cover object-center md:h-125" title="cleanroom euv wafer stage training" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/cleanroom/47050-cleanroom-euv-wafer-stage-training.jpg?mw=507 507w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/cleanroom/47050-cleanroom-euv-wafer-stage-training.jpg?mw=667 667w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/cleanroom/47050-cleanroom-euv-wafer-stage-training.jpg?h=1269&iar=0&w=1920"/><div class="bg-gradient-transparent-black opacity-50 pointer-events-none absolute left-0 top-0 h-full w-full group-hover:bg-gradient-black opacity-100 transition-opacity duration-300 ease-in-out group-hover:opacity-100"></div></div></div><div class="absolute bottom-0 left-0 w-full whitespace-normal px-8 pb-12.25 xl:pb-[57px]"><span class="mb-2 block text-h5">Circular economy</span><div class="absolute bottom-7.5 left-8 xl:bottom-10"><div class="underline-yellow after:h-0.75 group-hover:after:w-full "><p class="font-medium opacity-0 transition-opacity ease-out-300 group-hover:opacity-100">Read more</p></div></div><div class="ease-in-out-300-all overflow-hidden rte-container max-h-0 group-hover:max-h-75"><div class="mb-8 whitespace-normal leading-normal"><p>Our modular designs mean we can extract maximum value from materials, and repurpose our products across their life cycles.</p></div></div></div></a></div><div class="inline-block h-95 w-65 md:h-125 md:w-73.25"><a title="" target="" class="group relative mr-px block h-full max-w-full text-color-white" href="/en/company/sustainability/climate-and-energy"><div class="h-full w-full "><div class="relative h-full w-full"><img alt="" width="1920" height="1278" sizes="(max-width: 768px) 507px, 667px" class="h-full w-full object-cover object-center md:h-125" title="" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/42578-sustainability.jpg?mw=507 507w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/42578-sustainability.jpg?mw=667 667w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/42578-sustainability.jpg?h=1278&iar=0&w=1920"/><div class="bg-gradient-transparent-black opacity-50 pointer-events-none absolute left-0 top-0 h-full w-full group-hover:bg-gradient-black opacity-100 transition-opacity duration-300 ease-in-out group-hover:opacity-100"></div></div></div><div class="absolute bottom-0 left-0 w-full whitespace-normal px-8 pb-12.25 xl:pb-[57px]"><span class="mb-2 block text-h5">Climate and energy</span><div class="absolute bottom-7.5 left-8 xl:bottom-10"><div class="underline-yellow after:h-0.75 group-hover:after:w-full "><p class="font-medium opacity-0 transition-opacity ease-out-300 group-hover:opacity-100">Read more</p></div></div><div class="ease-in-out-300-all overflow-hidden rte-container max-h-0 group-hover:max-h-75"><div class="mb-8 whitespace-normal leading-normal"><p>Our renewable energy strategy is to achieve zero emissions across our operations.</p></div></div></div></a></div><div class="inline-block h-95 w-65 md:h-125 md:w-73.25"><a title="" target="" class="group relative mr-px block h-full max-w-full text-color-white" href="/en/company/sustainability/corporate-citizenship"><div class="h-full w-full "><div class="relative h-full w-full"><img alt="" width="1920" height="1280" sizes="(max-width: 768px) 507px, 667px" class="h-full w-full object-cover object-center md:h-125" title="" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/corporate-citizenship/43133-kids-technology-promotion-experiments.jpg?mw=507 507w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/corporate-citizenship/43133-kids-technology-promotion-experiments.jpg?mw=667 667w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/corporate-citizenship/43133-kids-technology-promotion-experiments.jpg?h=1280&iar=0&w=1920"/><div class="bg-gradient-transparent-black opacity-50 pointer-events-none absolute left-0 top-0 h-full w-full group-hover:bg-gradient-black opacity-100 transition-opacity duration-300 ease-in-out group-hover:opacity-100"></div></div></div><div class="absolute bottom-0 left-0 w-full whitespace-normal px-8 pb-12.25 xl:pb-[57px]"><span class="mb-2 block text-h5">Corporate citizenship</span><div class="absolute bottom-7.5 left-8 xl:bottom-10"><div class="underline-yellow after:h-0.75 group-hover:after:w-full "><p class="font-medium opacity-0 transition-opacity ease-out-300 group-hover:opacity-100">Read more</p></div></div><div class="ease-in-out-300-all overflow-hidden rte-container max-h-0 group-hover:max-h-75"><div class="mb-8 whitespace-normal leading-normal"><p>We are committed to conducting our business in an accountable and caring way.</p></div></div></div></a></div><div class="inline-block h-95 w-65 md:h-125 md:w-73.25"><a title="" target="" class="group relative mr-px block h-full max-w-full text-color-white" href="/en/company/sustainability/innovation-ecosystem"><div class="h-full w-full "><div class="relative h-full w-full"><img alt="" width="1920" height="1280" sizes="(max-width: 768px) 507px, 667px" class="h-full w-full object-cover object-center md:h-125" title="" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/innovation-ecosystem/47102-asml-lab.jpg?mw=507 507w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/innovation-ecosystem/47102-asml-lab.jpg?mw=667 667w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/innovation-ecosystem/47102-asml-lab.jpg?h=1280&iar=0&w=1920"/><div class="bg-gradient-transparent-black opacity-50 pointer-events-none absolute left-0 top-0 h-full w-full group-hover:bg-gradient-black opacity-100 transition-opacity duration-300 ease-in-out group-hover:opacity-100"></div></div></div><div class="absolute bottom-0 left-0 w-full whitespace-normal px-8 pb-12.25 xl:pb-[57px]"><span class="mb-2 block text-h5">Innovation ecosystem</span><div class="absolute bottom-7.5 left-8 xl:bottom-10"><div class="underline-yellow after:h-0.75 group-hover:after:w-full "><p class="font-medium opacity-0 transition-opacity ease-out-300 group-hover:opacity-100">Read more</p></div></div><div class="ease-in-out-300-all overflow-hidden rte-container max-h-0 group-hover:max-h-75"><div class="mb-8 whitespace-normal leading-normal"><p>We develop our technology with a collaborative knowledge network, and share our expertise with tech startups.</p></div></div></div></a></div><div class="inline-block h-95 w-65 md:h-125 md:w-73.25"><a title="" target="" class="group relative mr-px block h-full max-w-full text-color-white" href="/en/company/sustainability/people"><div class="h-full w-full "><div class="relative h-full w-full"><img alt="" width="1920" height="1276" sizes="(max-width: 768px) 507px, 667px" class="h-full w-full object-cover object-center md:h-125" title="" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/people/46768-office-people-diversity.jpg?mw=507 507w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/people/46768-office-people-diversity.jpg?mw=667 667w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/people/46768-office-people-diversity.jpg?h=1276&iar=0&w=1920"/><div class="bg-gradient-transparent-black opacity-50 pointer-events-none absolute left-0 top-0 h-full w-full group-hover:bg-gradient-black opacity-100 transition-opacity duration-300 ease-in-out group-hover:opacity-100"></div></div></div><div class="absolute bottom-0 left-0 w-full whitespace-normal px-8 pb-12.25 xl:pb-[57px]"><span class="mb-2 block text-h5">People</span><div class="absolute bottom-7.5 left-8 xl:bottom-10"><div class="underline-yellow after:h-0.75 group-hover:after:w-full "><p class="font-medium opacity-0 transition-opacity ease-out-300 group-hover:opacity-100">Read more</p></div></div><div class="ease-in-out-300-all overflow-hidden rte-container max-h-0 group-hover:max-h-75"><div class="mb-8 whitespace-normal leading-normal"><p>We give our employees the opportunities and environments to develop their talents, feel respected, and to thrive.</p></div></div></div></a></div><div class="inline-block h-95 w-65 md:h-125 md:w-73.25"><a title="" target="" class="group relative mr-px block h-full max-w-full text-color-white" href="/en/company/sustainability/responsible-supply-chain"><div class="h-full w-full "><div class="relative h-full w-full"><img alt="" width="1920" height="1080" sizes="(max-width: 768px) 507px, 667px" class="h-full w-full object-cover object-center md:h-125" title="" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/responsible-supply-chain/supply-chain.jpg?mw=507 507w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/responsible-supply-chain/supply-chain.jpg?mw=667 667w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/responsible-supply-chain/supply-chain.jpg?h=1080&iar=0&w=1920"/><div class="bg-gradient-transparent-black opacity-50 pointer-events-none absolute left-0 top-0 h-full w-full group-hover:bg-gradient-black opacity-100 transition-opacity duration-300 ease-in-out group-hover:opacity-100"></div></div></div><div class="absolute bottom-0 left-0 w-full whitespace-normal px-8 pb-12.25 xl:pb-[57px]"><span class="mb-2 block text-h5">Responsible supply chain</span><div class="absolute bottom-7.5 left-8 xl:bottom-10"><div class="underline-yellow after:h-0.75 group-hover:after:w-full "><p class="font-medium opacity-0 transition-opacity ease-out-300 group-hover:opacity-100">Read more</p></div></div><div class="ease-in-out-300-all overflow-hidden rte-container max-h-0 group-hover:max-h-75"><div class="mb-8 whitespace-normal leading-normal"><p>Our world-class supplier network ensures we conduct our business in a sustainable and responsible manner.</p></div></div></div></a></div></div></div></div></div><div class="component col-span-12 custom-container rte-container fluid-grid"><div class="component col-span-12 mb-6 md:col-start-3 md:col-span-4 no-px no-pb no-pt custom-container rte-container fluid-grid"><div class="component col-span-12 mb-2 custom-rich-text "><div><h3>Focusing on M&A</h3></div></div><div class="component col-span-12 md:col-span-12 custom-rich-text "><div><p>We have completed several strategic and focused mergers and acquisitions over the past years to further support our growth and technological advancement as a company.</p><p><br /></p><p>In 2001, we acquired the Silicon Valley Group, whose site in Wilton, Connecticut, US, is now a major R&D and manufacturing center.</p><p><br /></p><p>In 2007, we acquired Brion, a US company specializing in computational lithography for integrated circuits. Brion's portfolio has since become a cornerstone of our Holistic Lithography product strategy.</p></div></div></div><div class="component col-span-12 md:col-span-4 md:col-start-8 custom-rich-text "><div><p>In 2013, we acquired <a href="/en/company/about-asml/cymer" rel="noopener noreferrer">Cymer</a>, a US manufacturer of light sources, to accelerate the development of the next-generation lithography technology EUV.</p><p><br /></p><p>In 2016, we acquired <a href="/en/company/about-asml/hmi" rel="noopener noreferrer">HMI</a> in Taiwan to further enhance our Holistic Lithography product portfolio with e-beam inspection technology.</p><p><br /></p><p>In 2017, we acquired a 24.9% indirect interest in Carl Zeiss SMT GmbH in Germany to facilitate the further development of our EUV systems and align both companies in executing long-term roadmaps, including High-NA.</p><p><br /></p><p>In 2020, we acquired <a href="/en/company/about-asml/asml-berlin" rel="noopener noreferrer">Berliner Glas Group</a>, a privately held manufacturer of ceramic and optical modules, which are important to support the future roadmap for our EUV and DUV products.</p></div></div></div><div class="component related-content related-content--contents col-span-12 bg-color-primary bg-dark"><div class="related-content-contents"><div class="related-content-container"><div class="related-content-heading-container"><span class="related-content-heading">Related content</span></div><div class="related-content-card-container"><a title="" target="" class="related-content-card related-content-card--content" href="/en/investors/investor-days"><img alt="Investor day 2021" width="1920" height="1280" sizes="(max-width: 99px) 100px, (max-width: 319px) 320px, 500px" class="related-content-card-image" title="Investor day 2021" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/investor-days/investor-days.jpg?mw=100 100w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/investor-days/investor-days.jpg?mw=320 320w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/investor-days/investor-days.jpg?mw=500 500w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/investors/investor-days/investor-days.jpg?h=1280&iar=0&w=1920"/><div class="related-content-card-body rte-container"><span class="related-content-card-title">Investor days</span><div class="related-content-card-text">At our investor days, we keep shareholders, analysts and prospective investors informed about the future of our industry and our role in it.</div></div></a></div><div class="related-content-card-container"><a title="" target="" class="related-content-card related-content-card--content" href="/en/investors/financial-results"><img alt="" width="1916" height="1079" sizes="(max-width: 99px) 100px, (max-width: 319px) 320px, 500px" class="related-content-card-image" title="" srcSet="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/governance/supervisory-board/bvof-2018_0117_ajy---asml-logo.jpg?mw=100 100w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/governance/supervisory-board/bvof-2018_0117_ajy---asml-logo.jpg?mw=320 320w, https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/governance/supervisory-board/bvof-2018_0117_ajy---asml-logo.jpg?mw=500 500w" src="https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/governance/supervisory-board/bvof-2018_0117_ajy---asml-logo.jpg?h=1079&iar=0&w=1916"/><div class="related-content-card-body rte-container"><span class="related-content-card-title">Financial results</span><div class="related-content-card-text">We release annual and quarterly financial results to ensure investors, both current and potential, are kept informed.</div></div></a></div></div></div></div></div></main><footer class="footer-bg--medium relative block w-full"><div id="footer" class="grid grid-cols-12"><div class="component breadcrumbs--footer "><nav><ol><li><a title="Home" class="breadcrumb-item" href="/en">Home</a></li><li><a title="Investors" class="breadcrumb-item" href="/en/investors">Investors</a></li><li><a title="Why invest in ASML" class="breadcrumb-item" href="/en/investors/why-invest-in-asml">Why invest in ASML</a></li><li><a title="Financial strategy" class="breadcrumb-item" href="/en/investors/why-invest-in-asml/financial-strategy">Financial strategy</a></li></ol></nav></div><div class="component col-span-12 px-1 custom-container rte-container fluid-grid"><div class="component link-list--default col-span-12 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Some 175 zettabytes of data will be created annually by 2025.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eThis volume of data could not be realized without the relentless drive of the semiconductor industry to improve the performance of computer chips while reducing their cost.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eWhile the world’s most advanced logic and memory chips are powering high-end trends in artificial intelligence, Big Data and automotive technology, the simpler, low-cost chips are integrating sensing capabilities in everyday technology to create a vast Internet of Things.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eIn short, the global semiconductor market will continue to grow exponentially for the coming years.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eThis translates into growth of worldwide fab capacity in all segments, especially at the leading-edge nodes. This provides a long-term growth opportunity for ASML as we continue to meet the semiconductor industry’s demand for higher productivity, lower cost, and simpler chip-making processes.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eBased on the different market scenarios, we believe we have an opportunity to reach annual sales of between approximately €30 billion and €40 billion in 2025, with a gross margin between approximately 54% and 56%. Looking further ahead, for 2030 we believe we have an opportunity to reach annual sales of between approximately €44 billion and €60 billion, with a gross margin between approximately 56% and 60%.\u003c/p\u003e"}}},{"uid":"aea6c244-3ffd-4c83-b3e9-2b67140d73cb","componentName":"Button","dataSource":"d40df662-6928-4b4a-92e0-31da35b67e7c","params":{"buttonType":"button--yellowline","GridParameters":"col-span-12","FieldNames":"Default","CacheClearingBehavior":"Clear on publish"},"fields":{"callToAction":{"value":{"linktype":"internal","id":"e8e378d9-9962-4ee5-b6b7-b9b1a07ac5c3","anchor":"","querystring":"","target":"","class":"","text":"See investor days","title":"","href":"/en/investors/investor-days"}}}}],"image-text-block-placeholder-b":[]}},{"uid":"df373587-7bf8-403a-a54e-8617be86521c","componentName":"ImageTextBlock","dataSource":"/sitecore/content/asmlcom/asmlcom/Home/Investors/Why invest in ASML/Financial strategy/Data/ITB - Expediting EUV","params":{"GridParameters":"col-span-12","FieldNames":"Default","Styles":"bg-color-gray-100 bg-light","CacheClearingBehavior":"Clear on publish"},"fields":{"text":{"value":"\u003ch3\u003eExpediting EUV\u003c/h3\u003e"},"title":{"value":""},"image":{"value":{"src":"https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43679-inside-nxe3400.jpg?h=1080\u0026iar=0\u0026w=1920","alt":"Inside NXE3400 ","width":"1920","height":"1080"}},"imageFocalPoint":{"Top":"50%","Left":"50%"},"imageCaption":{"value":""},"largeParagraph":{"value":""},"stackedText":{"value":""},"EnableImageEnlargement":{"value":false}},"placeholders":{"image-text-block-placeholder-a":[{"uid":"c1eeeaad-9074-4fcb-9981-d8d7a0612449","componentName":"CustomRichText","dataSource":"c119340b-e078-493c-bf6a-bd15a668a150","params":{"GridParameters":"col-span-12","FieldNames":"Default","CacheClearingBehavior":"Clear on publish"},"fields":{"content":{"value":"\u003cp\u003eShrink is a key driver, supporting innovation and providing long-term growth in the semiconductor industry.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eBut the industry needs the right tools in place to cost-effectively mass produce chip technology, especially as chip features continue to shrink.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eThe transition from\u0026nbsp;\u003ca href=\"/en/products/duv-lithography-systems\" rel=\"noopener noreferrer\"\u003eDeep Ultraviolet (DUV)\u003c/a\u003e\u0026nbsp;to\u0026nbsp;\u003ca href=\"/en/products/euv-lithography-systems\" rel=\"noopener noreferrer\"\u003eExtreme Ultraviolet (EUV)\u003c/a\u003e\u0026nbsp;light has simplified the chip manufacturing process and reduced costs across the board in comparison to complex multi-patterning processes.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eASML has pioneered EUV lithography. Thanks to the higher resolution our machines achieve, chipmakers can now produce smaller, faster and more powerful chips while keeping costs in check.\u003c/p\u003e"}}}],"image-text-block-placeholder-b":[]}},{"uid":"1ac6dbfe-c3de-490e-b0db-ebc766d16b5d","componentName":"ImageTextBlock","dataSource":"/sitecore/content/asmlcom/asmlcom/Home/Investors/Why invest in ASML/Financial strategy/Data/ITB - More to explore","params":{"GridParameters":"col-span-12","FieldNames":"Default","Styles":"img--left","CacheClearingBehavior":"Clear on publish"},"fields":{"text":{"value":"\u003ch3\u003eMoore to explore\u003c/h3\u003e"},"title":{"value":""},"image":{"value":{"src":"https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/43678-inside-nxe3400-wafer-handler.png?h=1080\u0026iar=0\u0026w=1920","alt":"Inside NXE3400 wafer handler","width":"1920","height":"1080"}},"imageFocalPoint":{"Top":"50%","Left":"50%"},"imageCaption":{"value":""},"largeParagraph":{"value":""},"stackedText":{"value":""},"EnableImageEnlargement":{"value":false}},"placeholders":{"image-text-block-placeholder-a":[{"uid":"729995dc-184e-4ae0-ab33-21b2f4b73ac1","componentName":"CustomRichText","dataSource":"0341f9a4-5cb0-4a34-872f-934ed977c3dd","params":{"GridParameters":"col-span-12","FieldNames":"Default","CacheClearingBehavior":"Clear on publish"},"fields":{"content":{"value":"\u003cp\u003eEUV industrialization is just the beginning of the next stage of our journey. Our product portfolio is aligned to industry trends and our customers’ detailed product roadmaps, which require lithography-enabled shrink beyond the next decade.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eASML will continue to explore many other opportunities in a range of areas that provide unique value drivers for our customers and our businesses.\u003c/p\u003e"}}}],"image-text-block-placeholder-b":[]}},{"uid":"364d0f6a-ccea-460f-9c1a-95b9ce59bb3d","componentName":"Carousel","dataSource":"/sitecore/content/asmlcom/asmlcom/Home/Investors/Why invest in ASML/Financial strategy/Data/Carousel","params":{"overlap":"1","GridParameters":"col-span-12 md:mb-12 mb-12","tag":"span","Styles":"bg-color-gray-100 bg-light","CacheClearingBehavior":"Clear on publish","FieldNames":"Default"},"fields":{"data":{"datasource":{"title":{"data":{"value":"Our focus areas "}},"subtitle":{"data":{"value":"SUSTAINABILITY"}},"children":{"results":[{"title":{"data":{"value":"Circular economy"}},"content":{"data":{"value":"\u003cp\u003eOur modular designs mean we can extract maximum value from materials, and repurpose our products across their life cycles.\u003c/p\u003e"}},"callToAction":{"data":{"value":{"linktype":"internal","id":"4e033b1a-73f2-46b3-bd03-5c746899daac","anchor":"","querystring":"","target":"","class":"","text":"Read more","title":"","href":"/en/company/sustainability/circular-economy"}}},"backgroundImage":{"data":{"value":{"src":"https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/technology/cleanroom/47050-cleanroom-euv-wafer-stage-training.jpg?h=1269\u0026iar=0\u0026w=1920","alt":"cleanroom euv wafer stage training","width":"1920","height":"1269"}}}},{"title":{"data":{"value":"Climate and energy"}},"content":{"data":{"value":"\u003cp\u003eOur renewable energy strategy is to achieve zero emissions across our operations.\u003c/p\u003e"}},"callToAction":{"data":{"value":{"linktype":"internal","id":"c28e9885-746e-4c68-aa6b-7c4d4ec723d4","anchor":"","querystring":"","target":"","class":"","text":"Read more","title":"","href":"/en/company/sustainability/climate-and-energy"}}},"backgroundImage":{"data":{"value":{"src":"https://edge.sitecorecloud.io/asmlnetherlaaea-asmlcom-prd-5369/media/project/asmlcom/asmlcom/asml/images/company/sustainability/42578-sustainability.jpg?h=1278\u0026iar=0\u0026w=1920","alt":"","width":"1920","height":"1278"}}}},{"title":{"data":{"value":"Corporate citizenship"}},"content":{"data":{"value":"\u003cp\u003eWe are committed to conducting our business in an accountable and caring way.\u003c/p\u003e"}},"callToAction":{"data":{"value":{"linktype":"internal","id":"75994c93-8417-4389-9888-0d3bef281c3e","anchor":"","querystring":"","target":"","class":"","text":"Read 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advancement as a company.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eIn 2001, we acquired the Silicon Valley Group, whose site in Wilton, Connecticut, US, is now a major R\u0026amp;D and manufacturing center.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eIn 2007, we acquired Brion, a US company specializing in computational lithography for integrated circuits. Brion's portfolio has since become a cornerstone of our Holistic Lithography product strategy.\u003c/p\u003e"}}}]}},{"uid":"79179c0d-5211-4996-97eb-5760b220a532","componentName":"CustomRichText","dataSource":"/sitecore/content/asmlcom/asmlcom/Home/Investors/Why invest in ASML/Financial strategy/Data/RT - In 2013","params":{"GridParameters":"col-span-12 md:col-span-4 md:col-start-8","FieldNames":"Default","CacheClearingBehavior":"Clear on publish"},"fields":{"content":{"value":"\u003cp\u003eIn 2013, we acquired\u0026nbsp;\u003ca href=\"/en/company/about-asml/cymer\" rel=\"noopener noreferrer\"\u003eCymer\u003c/a\u003e, a US manufacturer of light sources, to accelerate the development of the next-generation lithography technology EUV.\u003c/p\u003e\u003cp\u003e\u003cbr /\u003e\u003c/p\u003e\u003cp\u003eIn 2016, we acquired\u0026nbsp;\u003ca href=\"/en/company/about-asml/hmi\" rel=\"noopener noreferrer\"\u003eHMI\u003c/a\u003e in Taiwan to further enhance our Holistic Lithography product 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