A Tale of Two Innovators: ASML vs. Monolithic Power Systems

In the ever-evolving landscape of semiconductor technology, ASML Holding N.V. and Monolithic Power Systems, Inc. stand as titans of innovation. Over the past decade, ASML has demonstrated a remarkable growth trajectory, with its EBITDA soaring by nearly 585% from 2014 to 2023. This Dutch powerhouse, renowned for its cutting-edge lithography machines, has consistently outpaced its competitors, reflecting its pivotal role in the semiconductor supply chain.

Conversely, Monolithic Power Systems, a leader in power solutions, has also shown impressive growth, albeit on a different scale. From 2014 to 2023, its EBITDA increased by over 1,170%, underscoring its agility and innovation in power management solutions. While ASML's EBITDA in 2023 was approximately 19 times that of Monolithic Power Systems, both companies exemplify the dynamic nature of the semiconductor industry, each carving out a unique niche in this high-stakes arena.