AI Chips & Semiconductors

Semiconductor Equipment Market Share by Segment

Market share breakdown for lithography, etch, deposition, and inspection — the machines that make AI chips

Lithography

$28B TAM
ASML
82%
Canon
10%
Nikon
8%

Etch Systems

$18.5B TAM
Lam Research
47%
Tokyo Electron
27%
Applied Materials
20%
Others
6%

Deposition (CVD/PVD)

$22B TAM
Applied Materials
40%
Lam Research
22%
Tokyo Electron
20%
ASM International
12%
Others
6%

Inspection & Metrology

$12B TAM
KLA
55%
Applied Materials
18%
Hitachi
12%
Others
15%

Market share by revenue segment, 2024. TAM = Total Addressable Market. Sources: VLSI Research, Gartner, company annual reports.

ASML EUV Lithography Shipments & Revenue

Annual EUV system shipments and revenue — ASML's monopoly on the most critical chipmaking technology
EUV Systems Shipped (left axis)
EUV Revenue $B (right axis)

ASML EUV lithography system shipments and associated revenue. Each EUV system costs $150M–$380M+ (High-NA). ASML holds a 100% monopoly on EUV machines — every advanced AI chip requires them. 2025E = estimate. Sources: ASML annual reports, earnings calls.

AI Chips & Semiconductors - Equipment | Sterling