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In this article, we look at 15 of Europe’s largest semiconductor companies and suppliers. If you want to skip the detailed analysis, you can go directly to the following link: 5 of Europe’s largest semiconductor companies and suppliers.
Europe’s position in the semiconductor industry: an overview
According to a European Council report, the Chip for Europe initiative is expected to mobilize €43 billion in public and private investment. Of this amount, 3.3 billion euros will come from the European budget. The European Chip Law aims to double the region’s semiconductor market share to at least 20% by 2030.
On September 23, 2023, Forbes reported that the European Chip Law intends for large companies such as Intel and TSMC to invest in the region. This will enable the development of a new European factory. Second, the region is working to ensure that the energy-intensive chip production process follows the ambitions of the Green Deal. TMSC announced a $10 billion investment in a new chip site in Germany. Intel has signed a deal to invest $33 billion in the development of two semiconductor facilities in Magdeburg, Germany. Finally, 14 EU countries have joined forces to invest almost €8 billion in chip research and infrastructure under the Important Projects of European Common Interest (IPCEI).
Major companies in the European semiconductor industry
ASML Holding NV (NASDAQ:ASML), Arm Holdings plc (NASDAQ:ARM), and NXP Semiconductors NV (NASDAQ:NXPI) are among the leading semiconductor companies in Europe. Let’s discuss the recent updates and services of these companies. Also see the best semiconductor ETFs.
ASML Holding NV (NASDAQ:ASML) is a leading semiconductor company based in the Netherlands. On January 30, ASML Holding NV (NASDAQ:ASML) announced that it used generative artificial intelligence to create its latest branded film. The movie “Standing on the Shoulders of Giants” is made with AI using ASML’s advanced lithography system. The film was created using his 1,963 natural language prompts, which generated 7,852 images. ASML Holding NV’s (NASDAQ:ASML) commitment to pushing technology to new heights explains its strong financial results. On January 26, ASML Holding NV (NASDAQ:ASML) reported fourth quarter 2023 earnings. The company reported earnings per share of $5.66, beating estimates by $0.46. The company reported revenue worth $7.88 billion for the quarter, which beat the market consensus by $372.8 million and represented year-over-year growth of 12.24%. Some of the comments on the Q4 2023 financial results announcement are as follows:
“Therefore, we will continue to invest in both capacity and technology this year to prepare for a turnaround in the cycle.While we are seeing some positive signs of recovery, it is a little too early to change our course. Perhaps a conservative view as communicated last quarter, and therefore our previously communicated expectation that 2024 sales would be similar to 2023. is still maintained. ”
Arm Holdings plc (NASDAQ:ARM) is one of the UK’s largest semiconductor companies. On March 13, Arm Holdings plc (NASDAQ: ARM) announced the announcement of new automotive technology to enhance its two-year development of AI-powered vehicles. The company will work on developing new automotive hardened processors with safety features to launch various products and computing subsystems.
On February 14, Arm Holdings plc (NASDAQ:ARM) reported its third quarter 2024 earnings. The company reported earnings per share of $0.29, beating estimates by $0.04. The company reported revenue worth $824 million during the quarter, which beat the market consensus by $61.01 million. Below are some of the comments from the company’s 2024 Q3 financial results announcement.
“As in recent quarters, we expect to sign multiple new ATA contracts in the fourth quarter.As customers require access to related technologies such as AI-enabled CPUs and computing subsystems, Demand remains high.”
NXP Semiconductors NV (NASDAQ:NXPI) is a leading semiconductor manufacturing company based in the Netherlands. On March 18, the company announced its partnership with NVIDIA Corporation (NASDAQ: NVDA). This will allow NXP to accelerate the development of artificial intelligence by integrating his NVIDIA TAO toolkit with his NXP’s eIQ machine learning development environment. NXP Semiconductors NV (NASDAQ:NXPI) is gaining attention from analysts. On March 12, TD Cowen analyst Matthew Ramsey maintained an Outperform rating on NXP Semiconductors NV (NASDAQ:NXPI) and raised his price target from $270 to $300. Over the past three months, 9 Wall Street analysts have rated his NXP Semiconductors NV (NASDAQ: NXPI) a Buy. NXP Semiconductors NV (NASDAQ:NXPI) has an average price target of $249.76 and a maximum expected price of $300.
Now that we have covered the European semiconductor industry, let’s take a look at Europe’s 15 largest semiconductor companies and suppliers. Also read our article on the best semiconductor equipment stocks to invest in.
15 of Europe’s largest semiconductor companies and suppliers
our methodology
To compile our list of Europe’s 15 largest semiconductor companies and suppliers, we researched several sources, including industry reports, our rankings, and multiple similar rankings. We also scanned Finviz and Yahoo Finance stock screeners. For public companies, we checked the market capitalization of each company as of March 24, 2024 on Yahoo Finance. Market capitalization of foreign companies is translated into US dollars based on exchange rates as of March 24, 2024. To quantify the “value” or “size” of private companies, we chose annual revenue for the most recent fiscal year. Annual revenue was obtained from the company’s official statements and the company’s website. Our list is ordered by ascending market capitalization as of March 24, 2024 for public companies, and ascending annual revenue for the most recent year for private companies.
15 of Europe’s largest semiconductor companies and suppliers
15. ams-OSRAM AG (OTC:AMSSY)
Market capitalization as of March 24, 2024: $1.2 billion
ams-OSRAM AG (OTC:AMSSY), formerly known as austriamicrosystems AG and ams AG, is a leading semiconductor company based in Austria. The company manufactures sensing, lighting, and visualization products using high-performance LEDs and lasers. ams-OSRAM AG (OTC:AMSSY) has a market capitalization of $1.2 billion.
14. Nordic Semiconductor ASA (OTC:NDCVF)
Annual revenue (2021): $1.54 billion
Nordic Semiconductor ASA (OTC:NDCVF) ranks 14th on the list of Europe’s largest semiconductor companies. The company was founded in his 1983 and is based in Norway. A fabless semiconductor company that produces wireless technology for IoT. The company’s wireless products include Bluetooth low Energy, Bluetooth LE Audio, Bluetooth Mesh, Bluetooth Direction Finding, and Zigbee. Nordic Semiconductor ASA (OTC:NDCVF) has a market capitalization of $1.54 billion.
13. Alphawave IP Group plc (OTC:AWEVF)
Market capitalization as of March 24, 2024: $1.63 billion
Alphawave IP Group plc (OTC:AWEVF) is one of Europe’s largest semiconductor companies. A semiconductor intellectual property company based in the UK. Products include chiplets, customer silicon solutions, silicon IP, and his DSP products that enhance data center connectivity. Alphawave IP Group plc (OTC:AWEVF) was founded in 2017.
12. AIXTRON SE (OTC:AIIXY)
Market capitalization as of March 24, 2024: $3.22 billion
AIXTRON SE (OTC:AIIXY) ranks 12th on the list of Europe’s largest semiconductor companies. The company is based in Germany and was founded in 1983. We specialize in providing deposition systems for the semiconductor industry. The company also produces compound semiconductors and achieved a 70% market share in the MOCVD systems sector in 2022. AIXTRON SE (OTC:AIIXY) has a market cap of $3.22 billion.
11. Carl Zeiss SMT
Annual revenue (2022/23): $3.84 billion
Carl Zeiss SMT, a subsidiary of Carl Zeiss AG, reported revenues worth €3.55 billion for the year ended 2022/23. The company specializes in manufacturing lithography optics and photomasks for chip manufacturers around the world. The company offers multi-SEM and 3D tomography under process control solutions.
10. Melexis NV (OTC:MLXSF)
Market capitalization as of March 24, 2024: $4.47 billion
Melexis NV (OTC:MLXSF) is a leading supplier of microelectronic semiconductor solutions. The company’s products include current sensor ICs, inductive position sensor ICs, latch and switch ICs, and magnetic position sensor ICs. Melexis NV (OTC:MLXSF) is founded in Belgium and has a market capitalization of $4.47 billion.
9. Soitec SA (OTC:SLOIY)
Market capitalization as of March 24, 2024: $4.87 billion
Soitec SA (OTC:SLOIY) ranks 9th on the list of Europe’s largest semiconductor companies. The company is based in France and was founded in 1992. We design and manufacture innovative semiconductor materials. The company has six manufacturing plants and holds more than 4,000 patents. The company makes products that make it easier to connect smartphones, power electric vehicles, and power IoT and cloud computing technologies. Soitec SA (OTC:SLOIY) has a market capitalization of $4.87 billion.
8. Technoprobe SpA (BIT:TPRO)
Market capitalization as of March 24, 2024: $5.44 billion
With a market capitalization of $5.44 billion, Technoprobe SpA (BIT:TPRO) ranks as Europe’s largest semiconductor company. The company is based in his four research and development centers and holds over 600 unique patents. We specialize in probe card design and development. A probe card is a high-tech device that facilitates testing of chips. Technoprobe SpA (BIT:TPRO) is headquartered in Italy.
7. BE Semiconductor Industries NV (OTC:BESIY)
Market capitalization as of March 24, 2024: $12.42 billion
BE Semiconductor Industries NV (OTC:BESIY) (also known as Besi) is one of Europe’s largest semiconductor companies. The company is based in the Netherlands. We are developing edge assembly processes and equipment for leadframe, substrate and wafer level packaging applications. BE Semiconductor Industries NV (OTC:BESIY) has a market capitalization of $12.42 billion.
6. ASM International NV (OTC:ASMIY)
Market capitalization as of March 24, 2024: $31.55 billion
ASM International NV (OTC:ASMIY) ranks 6th on the list of Europe’s largest semiconductor companies. We specialize in the design, manufacture, and sale of semiconductor wafer processing equipment. The company sells nearly 1.1 trillion chips each year. ASM International NV (OTC:ASMIY) is based in the Netherlands and was founded in 1968.
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Disclosure: None. 15 of Europe’s largest semiconductor companies and suppliers Originally published on Insider Monkey.
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