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Image: ASML
ASML Holdings NV recently revealed it made €4.254 billion ($5.2 billion) in the fourth quarter of 2020, which topped Wall Street’s revenue projections by 22.9 percent. The equipment maker also announced it made €13.9 billion ($16.8 billion) for the full year 2020, an 18.26 percent improvement on its 2019 sales.
The Dutch corporation anticipates its growth trend continuing throughout the New Year because of robust demand for new high-density chips.
Since the firm is a key supplier for Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung, its strong forecast indicates good things for the global component industry.
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Why ASML Did So Well in Q4 2020
ASML did well last period because of the strong demand for its extreme-ultraviolet lithography (EUV) machines. The tools enable chipmakers to create high-performance components with market-leading transistor density. Its precision etching equipment let TSMC create the exceptionally powerful M1 proc
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