Cost of Revenue: A Tale of Two Tech Giants

In the ever-evolving landscape of technology, ASML Holding N.V. and Super Micro Computer, Inc. have emerged as pivotal players. Over the past decade, ASML's cost of revenue has surged by approximately 300%, from $3.4 billion in 2014 to an impressive $13.4 billion in 2023. This growth underscores ASML's expanding role in the semiconductor industry, driven by its cutting-edge lithography machines.

Conversely, Super Micro Computer, Inc. has also experienced significant growth, with its cost of revenue increasing nearly fivefold, from $1.2 billion in 2014 to $5.8 billion in 2023. This reflects the company's strategic expansion in server and storage solutions.

Interestingly, while ASML's data for 2024 is missing, Super Micro's cost of revenue is projected to reach $12.8 billion, indicating a potential shift in market dynamics. This comparison highlights the contrasting growth trajectories and strategic focuses of these two tech giants.