Asml Holding Nv · EURONEXT:ASML
Asml Holding Nv — Investor Day (November 2018)
21 slides from Asml Holding Nv's investor day presentation, Nov 9, 2018
Slide 1: Public Company Strategy, Market Trends and Stakeholder Value
Public Company Strategy, Market Trends and Stakeholder Value Peter Wennink President and Chief Executive Officer
Slide 2: Overview
Overview Public Slide 2 8 November 2018 • Healthy semiconductor end market growth fueled by major innovation Semi End drivers such as 5G Connectivity, Artificial Intelligence, Autonomous Markets Driving, and Big Data • Translates into growth of world-wide fab capacity in all segments, especially at
Slide 3: Immersive devices will be the next computing wave
Immersive devices will be the next computing wave Public Slide 3 8 November 2018 1,200 ‘Immersive era’ 1,000 Smartphone + apps era 800 Resolution Frame rate units of 600 Drivers Millions Color accuracy Contrast/brightness 400 PC + browser era 200 Broad applications • Entertainment • Visualization 19
Slide 4: The revolution in automotive
The revolution in automotive Public Slide 4 8 November 2018 Autonomous and connected cars drive double digit growth to 80 B$ by 2025 Source: NVIDIA Corporate Presentation 2018
Slide 5: Artificial Intelligence impacting multiple applications
Artificial Intelligence impacting multiple applications Public Slide 5 8 November 2018 Artificial Intelligence (AI) as a major industry disruptor will represent a >15B$ new revenue opportunity in semiconductors by 2022 Source: Gartner
Slide 6: 5G connectivity
5G connectivity Public Slide 6 8 November 2018 >1,000,000 connections/km2 <100,000 connections/km2 5G 3G 4G 100-1000 Gb/s/km2 10 Gb/s/km2 1 Gb/s/km2 1 ms latency 100 ms latency 50 ms latency 5G connectivity speed and latency improvement drives applications with more volume and real-time use Source:
Slide 7: Advanced chips are needed to store and crunch data
Advanced chips are needed to store and crunch data Public Slide 7 8 November 2018 44 LOGIC MEMORY Zetabytes (2020) Source: EMC Digital Universe report with Research & Analysis by IDC (2014)
Slide 8: Major trends in semiconductor-enabled computing
Major trends in semiconductor-enabled computing Public Slide 8 8 November 2018 • Autonomous decisions Applications • Immersive resolution • On-device Artificial Intelligence • Virtual / augmented reality Moore’s Law • 5G connectivity • Real-time latency Performance • Growing data volumes Algorithms
Slide 9: End market growth drives our opportunity
End market growth drives our opportunity Public Slide 9 8 November 2018 Mobile and PC maturing Continued growth in cloud applications Emerging connected devices market Smartphones, B$ Wired & wireless Infrastructure, B$ Automotive, B$ +6% CAGR 80 128 145 +10% CAGR 123 125 110 +4% CAGR 87 53 42 48 43
Slide 10: Expected growth of semiconductor end markets translates into wafer demand
Expected content and unit growth of semiconductor end markets translates into growth of wafer demand in all segments Public Slide 10 PCs and laptops Smartphones and tablets Servers Automotive Consumer incl. wearables Other 8 November 2018 2015 2020 2025 CAGR 1.6 1.3 Logic / MPU1 0.5 +11% 1.7 Growing
Slide 11: New semiconductor nodes drive investments in wafer capacity
New semiconductor nodes drive investments in wafer Public capacity Slide 11 8 November 2018 7000 6000 • Growing wafer capacity drives increased litho demand 5000 • New (leading edge) nodes with Capacity 4000 increased litho intensity further drives 3000 New nodes 300mm (kwspm) litho demand 2000 • Co
Slide 12: Litho Intensity increasing for Logic and DRAM segments
Litho Intensity1 increasing for Logic and DRAM segments Public Slide 12 8 November 2018 Logic Performance Memory Storage Memory Logic Projected DRAM Projected 3D NAND Projected 50 >40 40 35% [%] 29% 30 27% 25% 25% 25% 24% Intensity 19% 20 15% 13% Litho 11% 10 0 10nm 7nm 5nm 3nm 1X 1Y 1Z 1A x64 x96 x
Slide 13: Litho Intensity increasing; 3D XPoint expected to increase intensity
Litho Intensity1 increasing for Logic and DRAM segments 3D XPoint expected to increase intensity for storage memory Public Slide 13 8 November 2018 Logic Performance Memory Storage Memory Logic Projected DRAM Projected 3D NAND Projected 50 Storage class >40 40 35% [%] 29% 30 27% > 27% 25% 25% 25% 24
Slide 14: Our long term view on litho market indicates strong growth
Our long term view on litho market indicates strong Public growth … with continued affordability Slide 14 8 November 2018 Market size value worldwide Litho CAPEX / Semi revenue CAGR over period (in %) Average over period (%) 6.2% 2.3% 2.3% 2.1% 4.9% 4.9% Semi End Markets 7.4% 1997-2010 2010-2017 201
Slide 15: EUV and ArFi account for >85% of litho system market
EUV and ArFi account for >85% of litho system market Public Slide 15 8 November 2018 Litho Systems Revenue (%) 2017 2025E Dry Dry EUV ArFi EUV ArFi Mix moves from majority ArFi today to majority EUV by 2025 Source: ASML analysis
Slide 16: Our strategy addresses challenges
Our strategy addresses challenges Public Slide 16 8 November 2018 Challenges ASML Strategy • Expand our Holistic Litho opportunities • Remain competitive in DUV • Bring EUV to high volume manufacturing • Extend EUV technology beyond the next decade
Slide 17: ASML continues to provide value for our customers, shareholders, employees, and supply chain partners
ASML continues to provide value for our customers, Public shareholders, employees, and supply chain partners Slide 17 8 November 2018 We have realized productivity improvement for our customers We have outperformed industry indices Average wafers per day (best day of week), in thousands Share price
Slide 18: Our Sustainable Development Goals
Our Sustainable Development Goals Public Slide 18 Priority Our 2025 Ambition Contribution to SDG 8 November 2018 Have a highly engaged and employable PEOPLE workforce CIRCULAR Ensure more sustainable use and re-use of ECONOMY materials in ASML and the value chain CLIMATE Reduce carbon emissions of o
Slide 19: Summary: clear value creation opportunity
Summary: clear value creation opportunity Public Slide 19 8 November 2018 • Healthy semiconductor end market growth fueled by major innovation Semi End drivers such as 5G Connectivity, Artificial Intelligence, Autonomous Markets Driving, and Big Data • Translates into growth of world-wide fab capaci
Slide 20: Forward Looking Statements
Forward Looking Statements Public Slide 20 This document contains statements relating to certain projections, business trends and other matters that are forward-looking, including statements with respect to expected trends and outlook, 8 November 2018 strategy, bookings, expected financial results a
Slide 21: Investor Day ASML Small Talk 2018 Veldhoven
Public IN INVESTOR DAY ASMLSMALLTALK2018 VELDHOVEN