ASML still has full order books in second quarter of 2023

ASML still has full order books in second quarter of 2023

Despite a disappointing chip market, ASML is still doing well. Mainly due to full order books and quarterly sales of 6.9 billion euros.

This is evident from the financial results for the second quarter of 2023. Sales have increased compared to the same period in 2022, when they came out at 5.4 billion euros. Net profit for the past quarter came to over 1.9 billion euros. This is a third more than in the same period last year. According to ASML, most of the revenue last quarter came from supplying (older) DUV machines.


Not only did ASML’s revenue and net profit increase. Although fewer orders for chip-making machines were placed in the second quarter of this year, order books are currently bulging. In the past quarter, new orders for chip manufacturing machines reached as much as 4.5 billion euros, up from 3.8 billion euros in the first quarter of 2023. In the second quarter of 2022, new orders added another 8.5 billion euros.

In total, ASML now has 38 billion euros in orders. This large backlog should help ASML counter the problems in the global chip market, the manufacturer says.

For all of 2023, the Dutch manufacturer of chip-making machines expects sales to increase even more. At the end of the first quarter of this year, ASML predicted growth of 25 percent compared to 2022. This figure has now been revised to 30 percent.

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