ASML Holding explained

ASML Holding N.V.
Type:Public
Industry:Semiconductor industry
Products:Photolithography systems for the semiconductor industry
Revenue: (2023)
Operating Income: (2023)
Net Income: (2023)
Assets: (2023)
Equity: (2023)
Num Employees:42,416 (2023)[1]
Founded:1984 (joint venture)
1988 (independent company)
Hq Location:Veldhoven, Netherlands

ASML Holding N.V. (commonly shortened to ASML, originally standing for Advanced Semiconductor Materials Lithography) is a Dutch multinational corporation founded in 1984. ASML specializes in the development and manufacturing of photolithography machines which are used to produce computer chips.

it is the largest supplier for the semiconductor industry and the sole supplier in the world of extreme ultraviolet lithography (EUV) photolithography machines that are required to manufacture the most advanced chips., ASML was the most highly valued European tech company, with a market capitalization of about US$397 billion.[2] [3]

ASML's corporate headquarters is in Veldhoven, Netherlands and the location for research, development, manufacturing and assembly. ASML employs more than 42,000 people from 143 nationalities and relies on a network of nearly 5,000 tier 1 suppliers.[4] ASML has a worldwide customer base and over sixty service points in sixteen countries. It has offices in the Netherlands, the United States, Belgium, France, Germany, Ireland, Israel, Italy, the United Kingdom, China, Hong Kong, Japan, South Korea, Malaysia, Singapore, and Taiwan.

The company is listed on both the AEX and NASDAQ Stock Exchanges, as ASML. It is also a component of the Euro Stoxx 50[5] and NASDAQ-100.[6]

Products

ASML produces the photolithography machines used in the production of computer chips. In these machines, patterns are optically imaged onto a silicon wafer that is covered with a film of light-sensitive material (photoresist). This procedure is repeated dozens of times on a single wafer. The photoresist is then further processed to create the actual electronic circuits on the silicon. The optical imaging that ASML's machines deal with is used in the fabrication of nearly all integrated circuits and, as of 2011, ASML had 67 percent of the worldwide sales of lithography machines.[7]

ASML's competition consisted of Ultratech, Canon and Nikon, MKS Instruments, Lam Research and Cadence Design Systems.

Immersion lithography

Since immersion lithography was first proposed by Burn-Jeng Lin in the 1970s,[8] ASML cooperated with Taiwan Semiconductor Manufacturing (TSMC). In 2004, TSMC began commercial production of 90 nanometer semiconductor nodes using ASML immersion lithography.[9] As of 2011, their high-end TWINSCAN NXT:1950i system was used for producing features down to 32 nanometres at up to 200 wafers per hour,[10] using a water immersion lens and an argon fluoride laser that produces light at a wavelength of 193 nm., an average lithography machine cost .[11]

DUV lithography

Deep ultraviolet (DUV) lithography devices from ASML use light that penetrates the UV spectrum to print the tiny features that form the microchip's structure.[12]

EUV lithography

Extreme ultraviolet lithography (EUV) machines produce light in the 13.5 nm wavelength range when a high-energy laser is focused on microscopic droplets of molten tin to produce a plasma, which then emits EUV light. The light is bounced off Zeiss mirrors onto the surface of a silicon wafer to deliver the designs for the chip.[13]

In 2009, the IMEC research center in Belgium produced the world's first functional 22 nm CMOS Static random-access memory memory cells with a prototype EUV lithography machine.[14] After decades of development, ASML shipped the first production extreme ultraviolet lithography machine in either 2011 or 2013.[15]

, ASML has shipped around 140 EUV systems, and it is the only company to manufacture them. ASML's best-selling EUV product has been the TWINSCAN NXE:3600D, which costs up to $200 million.[16] Shipping the machine the size of a truck requires moving 180 tons with three Boeing 747s.

ASML is working on the next generation of EUV systems, with the first shipments to customers for R&D purposes expected to take place at the end of 2023. The platform is designated High-NA as it will increase the numerical aperture (NA) from 0.33 to 0.55, and each system is expected to cost $300 million.

History

The company, originally named ASM Lithography, is named ASML as its official name and not an abbreviation.[17] It was founded in 1984 as a joint venture between the Dutch companies ASM and Philips. Nowadays it is a public company. When the company became independent in 1988, it was decided that changing the name was not desirable, and ASML became the official company name.[18]

ASML released the lithography system PAS 5500 in 1991, which became an extremely successful platform for the company.[19] The PAS 5500 was first utilized by Micron Technology, which was one of the world's largest producers of computer memory and storage, and ASML's largest customer at that time.[20] The success of the PAS 5500 line propelled ASML into strong competition with Canon and Nikon, who were the leaders in that era of the lithography market.

In 1997, ASML began studying a shift to using extreme ultraviolet and in 1999 joined a consortium, including Intel and two other U.S. chipmakers, in order to exploit fundamental research conducted by the US Department of Energy. Because the CRADA it operates under is funded by the US taxpayer, licensing must be approved by Congress. It collaborated with the Belgian IMEC and Sematech and turned to Carl Zeiss in Germany for its need of mirrors.[21]

In 2000, ASML acquired the Silicon Valley Group (SVG), a US lithography equipment manufacturer also licensed for EUV research results, in a bid to supply 193 nm scanners to Intel Corp.[22] [23]

In 2002, it became the largest supplier of photolithography systems.[24]

At the end of 2008, ASML experienced a large drop in sales, which led management to cut the workforce by about 1000 worldwide, mostly contract workers[25] and to apply for support from the Dutch national unemployment fund to prevent even larger layoffs.[26] Two and a half years later, ASML expected a record-high revenue.[27]

In July 2012, Intel announced a deal to invest $4.1 billion into ASML in exchange for 15% ownership, in order to speed up the transition from 300 mm to 450 mm wafers and further development of EUV lithography.[28] [29] This deal was without exclusive rights to future ASML products and, as of July 2012, ASML was offering another 10% of the shares to other companies.[30] As part of their EUV strategy, ASML announced the acquisition of DUV and EUV sources manufacturer Cymer in October 2012.[31]

In November 2013, ASML paused development of 450 mm lithography equipment, citing uncertain timing of chipmaker demand.[32]

In 2015, ASML suffered intellectual property theft. A number of employees had been found stealing confidential data from its Silicon Valley software subsidiary that develops software for machine optimization.[33]

In June 2016, ASML announced their plans to acquire Taiwan-based Hermes Microvision Inc. for about $3.1 billion to add technology for creating smaller and more advanced semiconductors.[34]

In 2018, the Trump administration tried to block the sale of ASML technology to China,[35] but as of 2021, the ongoing global chip shortage as well as the "technological cold war" between the US and China had been a business opportunity for ASML.[36]

In November 2020, ASML revealed that it had acquired the German optical glassmaking firm Berliner Glas Group in order to meet increasing need for components for its EUV systems.[37]

In July 2021, Thierry Breton European Commissioner, visited ASML and announced a goal of at least 20% of world production of semiconductors in Europe by 2030, and support via a European Alliance on semiconductors.[38] After reporting earnings in July 2021, the company said they had a near monopoly for machines used by TSMC and Samsung Electronics to make the advanced chips.[39]

In February 2023, ASML claimed that a former worker in China "allegedly" stole information about the company's technology. This was not the first time that ASML was allegedly linked with an intellectual property breach connected to China. In its 2021 annual report, ASML mentioned that Dongfang Jingyuan Electron Limited "was actively marketing products in China that could potentially infringe on ASML's IP rights."[40] At the time, the United States Department of Commerce expressed concern about economic espionage against ASML.[41] In October 2023, Dutch newspaper NRC Handelsblad reported that the former employee who "allegedly" stole data about ASML's technology subsequently went to work for Huawei.[42]

In March 2023, the Dutch government placed restrictions on chip exports in order to protect national security. This measure affected ASML as one of the most important companies in the global microchip supply chain.[43] Export license requirements came into effect in September 2023.[44]

In June 2023, the Netherlands' Institute for Human Rights ruled that despite the country's constitution prohibiting discrimination based on nationality, ASML was allowed to reject job applications from residents of countries subject to sanctions under the U.S. Export Administration Regulations (such as Cuba, Iran, North Korea, and Syria) in order to remain compliant with U.S. law.[45] [46] [47]

In January 2024, the Dutch government placed further restrictions on the shipment of some advanced chip-making equipment to China.[48]

Finances

Financial data in € millions[49] !Year!2013!2014!2015!2016!2017!2018!2019!2020!2021!2022!2023
Revenue5 2455 8566 2876 7959 05310 944 11 82013 97918 61121 17327 559
Net Income1 0161 1971 3871 4722 1192 5922 5923 5545 8835 6247 839
Assets11 51412 20413 29517 20618 19620 13722 63027 26730 23136 30039 958
Employees10 36011 31812 16813 99116 21920 04423 21926 61429 86136 11242 416

Shareholder

Top institutional holders[50] !Holder!Shares!Date reported!% out!Value
Price (T. Rowe) Associates Inc10,991,878 29 June 2022 2.70% 5,152,552,838
Capital World Investors 6,492,254 29 June 2022 1.60% 3,043,309,048
Fisher Asset Management, LLC 4,595,741 29 June 2022 1.13% 2,154,299,596
Capital International Investors 3,919,239 29 June 2022 0.96% 1,837,182,511
Morgan Stanley 3,156,574 29 June 2022 0.78% 1,479,675,659
WCM Investment Management, LLC 3,089,503 29 September 2022 0.76% 1,448,235,456
Edgewood Management Company 2,919,498 29 June 2022 0.72% 1,368,543,910
State Farm Mutual Automobile Insurance Co 2,834,225 29 June 2022 0.70% 1,328,571,338
FMR, LLC 2,763,695 29 June 2022 0.68% 1,295,509,695
Sands Capital Management, LLC 1,942,740 29 June 2022 0.48% 910,678,821
Top mutual fund holders[51] !Holder!Shares!Date reported!% out!Value
American Balanced Fund 2,523,702 29 September 2022 0.62% 1,183,010,574
Growth Fund Of America Inc 2,407,395 29 September 2022 0.59% 1,128,490,503
iShares Core MSCI EAFE ETF 2,138,919 29 September 2022 0.53% 1,002,639,691
Washington Mutual Investors Fund 2,138,040 29 September 2022 0.53% 1,002,227,651
Advisors Inner Circle Fund-Edgewood Growth Fd 1,623,694 29 June 2022 0.40% 761,122,815
Price (T.Rowe) Growth Stock Fund Inc. 1,627,216 29 June 2022 0.40% 762,773,788
iShares MSCI Eafe ETF 1,319,874 29 September 2022 0.32% 618,704,149
Invesco ETF Tr-Invesco QQQ Tr, Series 1 ETF 1,264,161 29 September 2022 0.31% 592,588,122
New Perspective Fund Inc 1,217,878 29 September 2022 0.30% 570,892,503
Investment Managers Ser Tr-WCM Focused International Growth Fd 1,197,952 30 July 2022 0.29% 561,551,991

Sponsorships

ASML became a sponsor of the PSV soccer club in 2019 together with Philips. VDL Groep, Royal Swinkels Family Brewers and Jumbo Supermarkets from the Brainport region.[52] [53] Together they run various initiatives like soccer training camps for school children, the development of interactive programs for teaching, assisting community members in need or who are new to the region, as well as supporting a vitality program that is online.[54] [55]

Awards

External links

NASDAQ:

Notes and References

  1. Web site: ASML 2023 Annual Report (Form 20-F) . 14 February 2024 . US Securities and Exchange Commission . 14 February 2024 . https://web.archive.org/web/20240214221638/https://www.sec.gov/Archives/edgar/data/937966/000093796624000008/asml-20231231.htm . live .
  2. News: 9 April 2023 . Largest tech companies by market cap . live . https://web.archive.org/web/20221109094425/https://companiesmarketcap.com/tech/largest-tech-companies-by-market-cap/ . 9 November 2022 . 9 April 2023 . CompaniesMarketcap.com.
  3. News: O'Grady . Carmel . Kenyon . Matthew . 21 February 2023 . How ASML became Europe's most valuable tech firm . BBC News.
  4. Web site: 15 February 2023 . 2022 Combined Annual Report - ASML . live . https://web.archive.org/web/20230409083301/https://www.asml.com/en/investors/annual-report/2022 . 9 April 2023 . 9 April 2023 . ASML.
  5. Web site: ASML HOLDING - Euronext exchange Live quotes . live . https://web.archive.org/web/20230409065356/https://live.euronext.com/product/equities/NL0010273215-XAMS/quotes . 9 April 2023 . 9 April 2023 . Euronext.
  6. Web site: Quotes For Nasdaq-100 Index . live . https://web.archive.org/web/20211225174244/https://www.nasdaq.com/market-activity/quotes/nasdaq-ndx-index . 25 December 2021 . 9 April 2023 . Nasdaq.
  7. http://www.asml.com/asml/show.do?ctx=40715&rid=40723 ASML: Sustainability - performance and targets
  8. Web site: Burn Lin: The 2023 SPIE Mozi Award . 6 May 2023 . spie.org . 6 May 2023 . https://web.archive.org/web/20230506030822/https://spie.org/news/burn-lin-the-2023-spie-mozi-award . live .
  9. Web site: 2019 . 90 nm Technology . live . https://web.archive.org/web/20190626001544/https://www.tsmc.com/english/dedicatedFoundry/technology/90nm.htm . 26 June 2019 . 30 June 2019 . TSMC.
  10. http://www.asml.com/asml/show.do?lang=EN&ctx=5869&rid=44387 ASML Enhances NXT:1950i to Meet Challenging Imaging and Overlay Requirements and Provide a Cost Effective Platform for 22nm
  11. http://www.asml.com/asml/show.do?lang=EN&ctx=5869&rid=44696 Third quarter 2011 results
  12. Web site: ASML EUV lithography systems . 4 July 2023 . www.asml.com .
  13. Web site: Patel . Nilay . 31 January 2023 . The global battle over chip manufacturing and why the US is trying to stop China from buying machines from the Netherlands . 30 March 2023 . . 31 March 2023 . https://web.archive.org/web/20230331001816/https://www.theverge.com/23578430/chip-war-chris-miller-asml-intel-apple-samsung-us-china-decoder . live .
  14. http://www2.imec.be/be_en/press/imec-news/archive-2009/imec-22nm-sram-cells-with-euv.html IMEC presents functional 22 nm SRAM cells fabricated using EUV technology
  15. Web site: ASML EUV lithography systems . 30 March 2023 . ASML . 31 March 2023 . https://web.archive.org/web/20230331000315/https://www.asml.com/en/products/euv-lithography-systems . live .
  16. Web site: Tarasov . Katie . ASML is the only company making the $200 million machines needed to print every advanced microchip. Here's an inside look . 30 March 2023 . CNBC . 23 March 2022 . 14 November 2022 . https://web.archive.org/web/20221114161226/https://www.cnbc.com/2022/03/23/inside-asml-the-company-advanced-chipmakers-use-for-euv-lithography.html . live .
  17. Web site: About ASML: Questions and Answers . live . https://web.archive.org/web/20100728054310/http://www.asml.com/asml/show.do?ctx=32894 . 28 July 2010 . 3 August 2010 . ASML Holding.
  18. Web site: 20 February 2014 . ASML: About ASML . 27 December 2022 . 28 July 2010 . https://web.archive.org/web/20100728054310/http://www.asml.com/asml/show.do?ctx=32894#_15 . live .
  19. Web site: Cuofano . Gennaro . 11 October 2022 . How Does ASML Make Money? The ASML Business Model In A Nutshell . 30 March 2023 . FourWeekMBA . 31 March 2023 . https://web.archive.org/web/20230331000316/https://fourweekmba.com/asml-business-model/ . live .
  20. Web site: Three decades of PAS 5500 . 30 March 2023 . ASML . 31 March 2023 . https://web.archive.org/web/20230331000317/https://www.asml.com/en/news/stories/2021/three-decades-of-pas-5500 . live .
  21. News: Clark . Don . 4 July 2021 . The Tech Cold War's 'Most Complicated Machine' That's Out of China's Reach . The New York Times . 9 November 2022 . 0362-4331 . 16 January 2023 . https://web.archive.org/web/20230116222847/https://www.nytimes.com/2021/07/04/technology/tech-cold-war-chips.html . live .
  22. Web site: ASML drops SVG-developed 193-nm scanner to focus on Twinscan platform | EE Times . 7 September 2014 . 7 September 2014 . https://web.archive.org/web/20140907124049/http://www.eetimes.com/document.asp?doc_id=1182430 . live .
  23. Web site: Intel kills plan to use SVG's 193-nm scanners in production due to delays | EE Times . 7 September 2014 . 7 September 2014 . https://web.archive.org/web/20140907125637/http://www.eetimes.com/document.asp?doc_id=1181104 . live .
  24. Web site: Litho-History Milestones . www.lithoguru.com.
  25. http://www.asml.com/asml/show.do?ctx=5869&rid=37022 ASML Takes Action to Adjust Its Organization Due to Severe Order Slowdown
  26. https://www.wsj.com/articles/SB122959783756317881 Chip-Equipment Firm ASML Cuts Outlook, Sets Layoffs
  27. https://www.wsj.com/articles/SB10001424052748703730104576260091610455466 ASML Sees Record Year
  28. https://www.reuters.com/article/intel-asml-idUSL2E8I9DTL20120710 ASML wins funds for chip technology from Intel
  29. http://www.asml.com/asml/show.do?lang=EN&ctx=5869&rid=46711 ASML Announces Customer Co-Investment Program Aimed at Accelerating Innovation
  30. News: 9 July 2012 . Intel funds next-gen chipmaking, buys into ASML for $4.1 billion . Reuters . 5 July 2021 . 31 July 2020 . https://web.archive.org/web/20200731161111/https://www.reuters.com/article/us-intel-asml-idUSBRE86819B20120709 . live .
  31. http://www.asml.com/asml/show.do?ctx=5869&rid=47397
  32. Web site: 11 February 2014 . ASML 2013 Annual Report Form (20-F) . United States Securities and Exchange Commission . XBRL . In November 2013, following our customers' decision, ASML decided to pause the development of 450 mm lithography systems until customer demand and the timing related to such demand is clear. . 27 August 2017 . 24 September 2015 . https://web.archive.org/web/20150924143427/http://www.sec.gov/Archives/edgar/data/937966/000119312514046822/d546896d20f.htm . live .
  33. News: Deutsch. Toby Sterling, Anthony. 11 April 2019. ASML says it suffered intellectual property theft, rejects 'Chinese' label. Reuters. 26 March 2021. 10 May 2021. https://web.archive.org/web/20210510144755/https://www.reuters.com/article/us-asml-china-spying-idUSKCN1RN0DK. live.
  34. Ian King, Bloomberg. "ASML to Acquire Taiwan's Hermes Microvision for $3.1 Billion ." 15 June 2016. 16 June 2016.
  35. News: 6 January 2020 . Trump administration pressed Dutch hard to cancel China chip-equipment sale: sources . Reuters . 9 November 2022 . 9 November 2022 . https://web.archive.org/web/20221109121457/https://www.reuters.com/article/us-asml-holding-usa-china-insight-idUSKBN1Z50HN . live .
  36. News: Christoph G. Schmutz . 30 July 2021 . Wie die niederländische Firma ASML in den technologischen kalten Krieg zwischen den USA und China geraten ist .
  37. Web site: ASML acquisition of Berliner Glas Group completed. 26 March 2021. www.asml.com. 5 March 2021. https://web.archive.org/web/20210305020302/https://www.asml.com/en/news/press-releases/2020/asml-acquisition-of-berliner-glas-group-completed. live.
  38. News: Thierry Breton . 21 May 2021 . Inside the future: Europe's plan to thrive in the global microchip race . European Commission website.
  39. News: 6 July 2022 . ASML shares fall on report US wants to restrict sales to China . Reuters . 14 March 2023 . 14 March 2023 . https://web.archive.org/web/20230314192952/https://www.reuters.com/technology/asml-shares-fall-report-us-wants-restrict-sales-china-2022-07-05/ . live .
  40. News: 16 February 2023 . US-China chip war: ASML says China employee stole data . . live . 16 February 2023 . https://web.archive.org/web/20230216083011/https://www.bbc.com/news/business-64658843 . 16 February 2023.
  41. News: 15 February 2023 . ASML Stolen Data Came From Technical Repository for Chip Machines . . 23 October 2023.
  42. News: Koc . Cagan . 23 October 2023 . Ex-ASML Staff Accused of Theft Went to Work for Huawei, NRC Says . . 23 October 2023.
  43. News: US-China chip war: Netherlands moves to restrict some exports . 9 March 2023 . BBC News . 9 March 2023 . 9 March 2023 . https://web.archive.org/web/20230309050626/https://www.bbc.com/news/business-64897794 . live .
  44. Web site: Corder . Mike . 30 June 2023 . Dutch semiconductor machine export restrictions to come into force in September . https://web.archive.org/web/20230630142625/https://apnews.com/article/netherlands-china-semiconductors-chips-exports-asml-6e8cb7f8095632d4cd9d1cb364652494 . 30 June 2023 . 30 June 2023 . .
  45. Web site: mkivit . 20 June 2023 . ASML maakt onderscheid op grond van nationaliteit maar dit is niet verboden . 29 January 2024 . RADAR . nl-NL.
  46. News: Sterling . Toby . 26 June 2023 . Dutch human rights body: ASML may follow US export rules when hiring . 2024-03-21 . Reuters.
  47. Web site: Veiligheid . Ministerie van Justitie en . 20 June 2023 . College oordeelt: aannamebeleid ASML levert geen verboden onderscheid op - Nieuwsbericht - College voor de Rechten van de Mens . 29 January 2024 . www.mensenrechten.nl . nl-NL.
  48. Web site: Madhok . Diksha . 2 January 2024 . ASML forced to suspend some China exports after US escalates tech battle CNN Business . 2 January 2024 . CNN .
  49. Web site: ASML Dividende KGV Bilanz Umsatz Gewinn . 26 March 2022 . boerse.de . de . 26 March 2022 . https://web.archive.org/web/20220326170734/https://www.boerse.de/fundamental-analyse/ASML-Aktie/NL0010273215 . live .
  50. Web site: Retrieved 6 November 2022. . 6 November 2022 . 10 October 2022 . https://web.archive.org/web/20221010103201/https://finance.yahoo.com/quote/ASML/holders/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJ0vIezBlAP0ynhfXG5fyerX-mdTy_UGzful6Q1l7BkF9tvRiXqTrO1H_eQAKbNOA4VhPXNwZSFr2pJB0zkEKMLOO27d6_UVtUoZow-sNDR4-xPVXDBVycgqEmPkbGaDgDtId0HFUoVqKITDTpRWecesLns4Zbf-ap1j_2RMv7s_ . live .
  51. Web site: Retrieved 6 November 2022 . 6 November 2022 . 10 October 2022 . https://web.archive.org/web/20221010103201/https://finance.yahoo.com/quote/ASML/holders/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJ0vIezBlAP0ynhfXG5fyerX-mdTy_UGzful6Q1l7BkF9tvRiXqTrO1H_eQAKbNOA4VhPXNwZSFr2pJB0zkEKMLOO27d6_UVtUoZow-sNDR4-xPVXDBVycgqEmPkbGaDgDtId0HFUoVqKITDTpRWecesLns4Zbf-ap1j_2RMv7s_ . live .
  52. Web site: Sports, arts and music initiatives at ASML . 2024-06-26 . ASML . en.
  53. Web site: 2023-12-18 . Brainport and companies unite . 2024-06-26 . www.psv.nl . en-us.
  54. Web site: 2021-06-11 . PSV and ASML expand cooperation . 2024-06-26 . www.psv.nl . en-us.
  55. Web site: Annual Report 2021 . 2024-06-26 . www.sec.gov.
  56. Web site: IEEE Spectrum Emerging Technology Award ASML 2018 IEEE honors ceremony. 6 November 2022. IEEE. 30 May 2018 . 13 November 2022. https://web.archive.org/web/20221113155637/https://ieeetv.ieee.org/ieeetv-specials/ieee-spectrum-emerging-technology-award-asml-2018-ieee-honors-ceremony. live.
  57. Web site: European Inventor Award 2018 . 6 November 2022 . zeiss.com . 13 November 2022 . https://web.archive.org/web/20221113161137/https://www.zeiss.com/semiconductor-manufacturing-technology/news-and-events/smt-press-releases/european-inventor-award-2018.html . live .
  58. Web site: ASML Man wins top award. 3 November 2022. eindhovennews.com. 15 May 2019. 13 November 2022. https://web.archive.org/web/20221113155924/https://eindhovennews.com/news/2019/05/asml-man-wins-top-award/. live.
  59. Web site: ASML, BESI, Basic Fit winners Dutch IR Awards 2019. 3 November 2022. cffcommunications.nl. 11 January 2019. 13 November 2022. https://web.archive.org/web/20221113155918/https://cffcommunications.nl/blog/2019/01/11/asml-besi-basic-fit-winners-dutch-ir-awards-2019/. live.
  60. Web site: ASML wins semi-Americas Award for EUV. 30 October 2022. asml.com. 30 October 2022. https://web.archive.org/web/20221030132610/https://www.asml.com/en/news/stories/2020/asml-wins-semi-americas-award-for-euv. live.
  61. Web site: ASML earns Intel's 2020 Preferred Quality Supplier PQS Award. 30 October 2022. marketscreener.com. 30 March 2021 . 30 October 2022. https://web.archive.org/web/20221030132610/https://www.marketscreener.com/quote/stock/ASML-HOLDING-N-V-12002973/news/ASML-N-earns-Intel-s-2020-Preferred-Quality-Supplier-PQS-Award-32840329/. live.
  62. Web site: ASML Wins Dutch Innovation Prize. 30 October 2022. siliconcanals.com. 27 October 2021. 30 October 2022. https://web.archive.org/web/20221030132610/https://siliconcanals.com/news/startups/asml-wins-dutch-innovation-prize/. live.
  63. Web site: ASML and Incooling Win CoSta Award. 12 November 2022. incooling.com. 13 November 2022. https://web.archive.org/web/20221113170251/https://www.incooling.com/news/asml-and-incooling-win-costa-award/. live.

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