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ASML posts robust Q1 2023 financial results with strong EUV lithography sales

Dutch semiconductor equipment maker ASML has reported a 90.8% year-on-year increase in sales for the first quarter of 2023, with revenues reaching €6.746bn. The company's gross margin for the period was 50.6%, while its operating margin stood at 32.7%.

Demand for extreme ultraviolet (EUV) and deep ultraviolet (DUV) lithography tools continues to exceed ASML's production capacity, even as some key customers adjust their acceptance timings. The firm's backlog now stands at over €38.9bn.

EUV lithography equipment accounted for 54% of ASML's Q1 system turnover, with 17 units shipped. Taiwan. . .

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