ASML Appoints Marco Pieters as CTO Ahead of Q3 Results

ASML's new CTO brings 25 years of experience. Can he navigate competition and supply chain challenges to drive innovation?

, and Administrator

2025 October 11 . 8:01 AM

1 min read

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ASML Appoints Marco Pieters as CTO Ahead of Q3 Results

ASML, a leading semiconductor equipment manufacturer, has appointed Marco Pieters as its new Chief Technology Officer (CTO). This strategic move comes just before the company's quarterly figures release on October 15, indicating a focus on the next growth phase in the AI-driven semiconductor industry.

Pieters, an ASML veteran with over 25 years of service, previously served as Executive Vice President, heading the Applications business unit. His extensive experience makes him well-suited to lead the company's technological advancements at this critical juncture.

Analysts predict ASML's earnings per share to reach $6.36 and revenue to touch $8.81 billion, with a 9.66% year-over-year increase in earnings. Goldman Sachs maintains a buy recommendation for ASML due to its unique strategic positioning in the AI-driven semiconductor boom. However, the company's near-monopolistic position in EUV technology faces growing competition and political uncertainties in the global AI chip market.

Technological leadership is crucial in an industry driven by AI and powerful chips. ASML's dependence on key customers like TSMC, Samsung, and Intel, however, exposes it to global supply chain disruptions in the AI chip manufacturing sector. Demand for extreme ultraviolet (EUV) lithography technology is surging, but ASML grapples with complex technological hurdles in AI chip production.

Marco Pieters' appointment as CTO signals ASML's commitment to technological innovation and growth in the AI chip industry. Despite facing competition and supply chain challenges, ASML's strategic positioning and strong earnings potential continue to attract investor confidence in the AI-driven semiconductor market.