ASML Holding N.V. vs Seagate Technology Holdings plc: Annual Revenue Growth Compared

ASML's growth outpaces Seagate's decline in tech revenue race.

__timestampASML Holding N.V.Seagate Technology Holdings plc
Wednesday, January 1, 2014585627700013724000000
Thursday, January 1, 2015628740000013739000000
Friday, January 1, 2016679480000011160000000
Sunday, January 1, 2017905280000010771000000
Monday, January 1, 20181094400000011184000000
Tuesday, January 1, 20191182000000010390000000
Wednesday, January 1, 20201397850000010509000000
Friday, January 1, 20211861100000010681000000
Saturday, January 1, 20222117340000011661000000
Sunday, January 1, 2023275585000007384000000
Monday, January 1, 2024282629000006551000000
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Cracking the code

A Tale of Two Tech Giants: ASML vs. Seagate

In the ever-evolving landscape of technology, ASML Holding N.V. and Seagate Technology Holdings plc have charted distinct paths over the past decade. From 2014 to 2023, ASML's revenue surged by an impressive 370%, reflecting its pivotal role in the semiconductor industry. In contrast, Seagate's revenue experienced a decline of approximately 46%, highlighting the challenges faced by traditional data storage companies in a cloud-driven world.

ASML's growth trajectory underscores its strategic investments in cutting-edge lithography technology, essential for producing advanced microchips. Meanwhile, Seagate's revenue dip signals a shift in market dynamics, as demand for traditional hard drives wanes in favor of solid-state solutions.

As we look to the future, the data for 2024 remains incomplete, leaving room for speculation on how these industry titans will adapt to the ever-changing tech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025