Summer 2025
Posted on 2/14/2026
Manufactures photolithography systems for semiconductors
$18 - $48/hr
Company Does Not Provide H1B Sponsorship
San Diego, CA, USA
In Person
On-site in San Diego, CA for a 12-week summer internship.
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ASML designs and manufactures photolithography systems for semiconductor manufacturing. Its main products are deep ultraviolet (DUV) and extreme ultraviolet (EUV) lithography machines that print circuit patterns on silicon wafers, with EUV enabling smaller features. The company sells these systems to leading chipmakers and earns substantial revenue from installation, maintenance, and upgrades over the machines’ lifetimes. Its goal is to help continue scaling semiconductors by leading in high-end lithography and maintaining strong relationships with customers like TSMC, Samsung, and Intel.
Company Size
10,001+
Company Stage
IPO
Headquarters
Veldhoven, Netherlands
Founded
1984
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ASML hits historic highs with record $674 billion market capitalization. 12:17, 08.06.2026 Article Content * Analysts Underestimated the Hidden Potential * Betting on the Brainport Campus * The Semiconductor Market Paradox The Dutch technology giant ASML has been officially recognized as the most valuable company in the history of the European stock market. The company's market value reached an unprecedented milestone of $668 billion (as of June 3rd). With this surge, ASML dethroned the Danish pharmaceutical company Novo Nordisk, whose peak valuation stood at $650 billion in June 2024. Analysts Underestimated the Hidden Potential. Powerful catalysts for the surging stock price were synchronized reports by major investment banks, JPMorgan and Morgan Stanley. They published nearly identical research results, asserting that the company could manufacture far more scanners than the market had anticipated: over 110 units without any additional investment in expansion, compared to the previously assumed cap of 90 scanners. Both banks aggressively raised their target price for ASML shares: * JPMorgan: raised from €1,515 to €1,900 * Morgan Stanley: raised from €1,400 to €1,660 As a reminder, ASML holds an absolute monopoly on EUV (Extreme Ultraviolet) lithography scanners. Without these machines, industry giants like TSMC, Samsung, and Intel are physically unable to manufacture next-generation processors. Betting on the Brainport Campus. The company's future growth is tightly linked to a large-scale infrastructure expansion. Morgan Stanley experts attribute the market's confidence to ASML's April announcements regarding the development of the Brainport Industries Campus in Eindhoven. Construction of the new facility is scheduled to begin in the third quarter of 2026. Company representatives commented that this project will serve as the launching pad for a multi-phase expansion designed to permanently resolve capacity shortage concerns for key clients. The Semiconductor Market Paradox. Despite its monopoly position in the sector, ASML has yet to reach a $1 trillion market capitalization. Furthermore, the company's annual stock growth still lags behind the overall explosive pace characteristic of the semiconductor industry. Nevertheless, ASML's current performance stands as an absolute triumph for the European tech sector.
Mistral AI has raised €1.7 billion in a Series C funding round at an €11.7 billion post-money valuation. The round was led by semiconductor equipment manufacturer ASML Holding, with participation from existing investors including DST Global, Andreessen Horowitz, Bpifrance, General Catalyst, Index Ventures, Lightspeed and NVIDIA. The Paris-based AI company will use the funding to advance its scientific research and develop custom decentralised frontier AI solutions for complex engineering and industrial problems. ASML CEO Christophe Fouquet said the partnership aims to generate benefits for ASML customers through AI-enabled products and solutions. Mistral AI CEO Arthur Mensch stated the investment will help address engineering challenges in the semiconductor and AI value chain whilst maintaining the company's independence.
ASML's High-NA Chips Are Almost Here (And They Cost a Fortune) Electronic Components
ASML Holding's largest market shifted to South Korea in the first quarter, with shipments to the country surging to 45% of net system sales, up from 22% in the previous quarter. This represents €2.84 billion in sales, compared to €1.67 billion in the preceding three months. The increase reflects South Korean memory chip makers ramping up purchases of the Dutch company's chipmaking tools to address chronic shortages driven by the artificial intelligence boom. South Korea overtook China as ASML's top market during the quarter.
ASML Holding holds the seventh position in billionaire Ken Fisher's AI portfolio, with a stake valued at $4.80 billion. The Dutch company maintains a near-total monopoly in extreme ultraviolet lithography systems, which are essential for manufacturing advanced semiconductor chips below five-nanometre nodes. ASML reported an order backlog of €38.8 billion at the end of 2025, up from €35.9 billion a year earlier. The company raised its 2026 revenue guidance to €34–39 billion, representing potential year-over-year growth of 4% to 19%, driven by AI chip demand. Major customers include TSMC, Samsung, Intel and SK hynix. The company faces virtually no competition due to enormous barriers to entry, requiring multi-billion-euro investments and decades of accumulated proprietary knowledge.