Cost of Revenue: A Tale of Two Giants

In the ever-evolving landscape of semiconductor manufacturing, ASML Holding N.V. and Texas Instruments Incorporated stand as titans. Over the past decade, these companies have showcased contrasting trends in their cost of revenue. From 2014 to 2023, ASML's cost of revenue surged by approximately 300%, reflecting its aggressive expansion and innovation in lithography technology. In contrast, Texas Instruments exhibited a more stable trajectory, with a modest increase of around 16% over the same period.

A Decade of Growth and Stability

ASML's cost of revenue, which started at roughly $3.4 billion in 2014, reached an impressive $13.4 billion by 2023. This growth underscores ASML's pivotal role in advancing semiconductor technology. Meanwhile, Texas Instruments maintained a steady course, with costs rising from $5.6 billion to $6.5 billion, highlighting its focus on efficiency and consistent market presence.

The data for 2024 remains incomplete, leaving room for speculation on future trends.