5 Most Valuable European Companies Heading into 2024

3. ASML Holding N.V. (NYSE:ASML)

Market value as at 31st October 2023 (in $ billions): 236.7

ASML Holding N.V. (NYSE:ASML) is the most valuable tech company in Europe and one of the largest semiconductor companies in the world.

Artisan Developing World Fund made the following comment about ASML Holding N.V. (NASDAQ:ASML) in its Q3 2023 investor letter:

“Bottom contributors to performance for the quarter included Dutch semiconductor equipment producer ASML Holding N.V. (NASDAQ:ASML). ASML declined due to ongoing weakness in leading-edge extreme ultraviolet (EUV) orders, uncertainty around sustainability of lagging-edge deep ultraviolet (DUV) demand, and media reports of further potential restrictions on exports to Chinese customers.”