As chipmakers are gearing up for inevitable increase of demand for logic and memory chips in 2024 and 2025, they're procuring more wafer fab equipment to increase their capacity. As a result, ASML's Q4 2023 revenue jumped to $7.237 billion — a 12.5% increase year-over-year — while its order intake reached a record €9.186 billion ($10.036 billion) — more than tripling YoY — as makers of memory and logic ordered additional extreme ultraviolet (EUV) lithography tools.
"After a few soft quarters, the order intake for the quarter was very, very strong," said Roger Dassen, chief financial officer of ASML. "Actually, a record order intake at €9.2 billion. If you look at the composition of that, it was about 50/50 for Memory versus Logic. Around €5.6 billion out of the €9.2 was related to EUV, both Low-NA and High-NA."
