Equipment Engineer
About the job
- A bachelor's degree in a technical domain such as mechanical engineering, mechatronics, electrical engineering, or physics, with solid experience in a technical production environment or equivalent working and thinking level; alternatively, a master's degree in one of these technical domains and experience in a technical domain.
- Advanced knowledge of one module and basic knowledge of a second module, plus advanced knowledge of work preparation, tooling, hardware, and software.
- Solid experience in a technical production environment or equivalent working and thinking level, or experience in a technical domain for candidates with a master's degree.
- Support factory activities across related ASML factories to assemble and test qualified modules and submodules into complete systems, including optical fabrication processes.
- Contribute to fault solutions and take initiatives and practical decisions to prevent recurrence.
- Solve technical and process problems structurally within own focus areas, analyze product and process problems.
- Manage New Product Introduction by applying product or process development knowledge, anticipate production problems in the design phase, and improve product manufacturability.
- Participate in releasing products for volume takeover from Development & Engineering to Manufacturing.
- Collect and evaluate data and contribute to or produce partial designs.
- Understand engineering problems related to assigned tasks and propose alternative solutions in technically uncertain environments.
- Work independently on diagnostics and maintenance.
- Maintain and validate up-to-date procedures, processes, and blueprints or sequences for factory execution.
- Analyze production processes, identify structural problems and bottlenecks, develop improvement proposals, and initiate implementation.
- Optimize operating instructions, process flow charts, routings, process parameters, and indicators.
- Drive assigned process improvement projects to timely and successful delivery.
- Identify missing processes or procedures inside or outside the factory and create them.
- Coach senior operators and educate less experienced colleagues on work content and processes, and answer their questions.
- Represent Manufacturing in Development & Engineering and PGP to ensure an efficient New Product Introduction process.
- Communicate at work-center level with module TS, CS, ME, and SCE engineers, and at own level and two levels higher with factory and non-factory departments, engineers, and PL.
About the company
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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Simplify's Take
What believers are saying
- Q2 2026 sales hit €9.3 billion, and full-year guidance rose to €43-45 billion.
- Management said 2028 EUV output could exceed 110 tools, unlocking AI wafer capacity.
- India launched ASML operations with Tata Electronics support, opening a new customer frontier.
What critics are saying
- Europe bought zero ASML lithography tools in 2026, exposing a dead domestic demand base.
- Chinese DUV entrants in Shanghai threaten ASML's 29% 2025 China revenue by 2027.
- ASML cut 1,700 jobs in 2026; continued restructuring signals execution strain and morale damage.
What makes ASML unique
- ASML alone ships EUV systems; no advanced chip node exists without Veldhoven tools.
- High-NA EUV expands into Nvidia-scale data-center chips, extending ASML's moat through 2033.
- Installed Base Management generated €2.8 billion in Q2 2026, deepening recurring revenue.
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Benefits
Flexible Work Hours
Remote Work Options
Growth & Insights and Company News
6 month growth
0%1 year growth
0%2 year growth
0%ASML raised its 2026 revenue forecast for the third time this year, but a narrow third-quarter revenue miss pushed its shares down 3% in overnight US trading. Micron, SanDisk and Intel fell between 1% and 2.6% alongside it. The Dutch chipmaking equipment maker now expects annual sales of €44 billion to €45 billion, up from €43 billion to €45 billion. It also forecasts a gross margin of about 56%, against a prior range of 54% to 56%. Third-quarter revenue rose 55% to €11.66 billion, or $13.07 billion, just under analysts' $13.12 billion estimate. Net profit climbed to €4.96 billion from nearly €2.13 billion, and earnings per share of $14.51 beat the $12.05 forecast. Chief executive officer Christophe Fouquet said customers keep raising demand forecasts on AI investment, and some want to order for 2029 and 2030.
ASML said some customers want to place orders for its chip tools for 2029 and 2030. The Dutch company made the comment as third-quarter net profit of €4.96 billion beat the €4.1 billion analysts expected. Chief executive officer Christophe Fouquet linked the demand to customers' views on the size and duration of AI investments. Supply planned for 2027 and 2028 will not fully meet demand, he said, and ASML is looking at ways to raise 2028 capacity beyond the 30% increase it had forecast. Net sales were €11.66 billion, against €11.72 billion expected. ASML now expects full-year net sales of €44 billion to €45 billion, and fourth-quarter sales of €14.2 billion to €15.2 billion. Samsung and TSMC also committed to ASML's High NA extreme ultraviolet machines during the quarter.
ASML and TSMC report quarterly results this week, offering clues on the health of the AI trade after the iShares Semiconductor ETF fell for a sixth straight session on Tuesday. Doubts about returns on AI spending, rising bond yields and higher financing costs have weighed on chip stocks. ASML reports before US markets open on Wednesday. Analysts expect third-quarter revenue to rise 23% to $13.12 billion and adjusted profit to climb 39% to $12.05 per share, according to Koyfin. The company raised its 2026 revenue outlook in July. TSMC reports on Thursday. It posted third-quarter revenue of NT$1.49 trillion ($46.7 billion), up 51% year over year. Investors will focus on profit and guidance. Retail sentiment on ASML moved to "extremely bullish" from "bullish," while TSMC's cooled to "neutral," according to Stocktwits.
TSMC needs less revenue growth than ASML to deliver a 10% annual price return over five years, an Insider Monkey analysis finds. At a 30-times earnings exit multiple, TSMC must grow revenue 7.3% a year after 2026; ASML needs 16.7%. The model uses October 12 prices of $444.35 for TSMC and $1,750.24 for ASML. It assumes TSMC's 2026 revenue of $173.84 billion with a 50% net margin, and ASML's €44 billion with a 34% net margin. The result flips if multiples differ. With TSMC at 25 times earnings and ASML at 40 times, the required growth is 11.3% and 10.2%, respectively. TSMC plans $60 billion to $64 billion in 2026 capital spending, and a Taiwan disruption is a risk. ASML faces order timing, export limits, and currency effects.
An analyst at The Motley Fool names four chip stocks to hold for the next decade: Nvidia, Broadcom, Taiwan Semiconductor Manufacturing Company (TSMC), and ASML. The case rests on AI demand for advanced chips. Nvidia's latest quarterly revenue rose 106% to $96 billion, and net income grew 126% to almost $60 billion. Broadcom's revenue climbed 86% to $29.6 billion, with net income up 216% to $13.1 billion. TSMC, which holds a 72.5% share of the advanced chip market according to TrendForce, posted second-quarter revenue of $40 billion, up 36%. ASML, which dominates the machines that make those chips, reported net sales of €9.3 billion, up 21%. Risks include an AI bust and, for TSMC, exposure to Taiwan.