Dutch Chip Industry Revenue Doubles in Six Years

The Netherlands' semiconductor industry has seen its revenue skyrocket in recent years, according to newly released figures. Turnover in the sector climbed to €45.6 billion last year, a sharp jump from the €21.3 billion recorded back in 2019, meaning the industry has more than doubled in size in just six years.

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ASML Leads the Charge
Much of that growth traces back to a single company: ASML. The chip machine manufacturer, based in Veldhoven, posted a record turnover of nearly €33 billion in 2025 alone, making it by far the biggest contributor to the industry's overall revenue. The driving force behind this surge is artificial intelligence. As tech firms race to build data centers capable of handling AI workloads, demand for computing power has exploded, and ASML sits right at the center of that demand. The company holds a unique position globally, as it's the only supplier of the advanced lithography systems that chip manufacturers rely on to produce cutting-edge semiconductors.

ASML isn't alone in driving the Netherlands' chip success, though. Other major players include NXP, a chip manufacturer, and ASMI, a chip supplier. Beyond these established names, statistics show that many older companies have increasingly shifted their focus toward microchip production, further fueling the sector's expansion. New entrants have joined the space too, though their impact on overall revenue has been comparatively modest, contributing roughly €400 million to the growth seen since 2019.

Jobs in the Sector Nearly Double
The industry's expansion hasn't just shown up in revenue figures. It's also created a wave of new jobs. Back in 2019, the semiconductor sector employed just over 23,000 people across the Netherlands. That figure has since climbed to more than 43,000, nearly doubling over the same period. That said, growth in hiring has started to slow. Last year saw just over 1,000 new positions added, marking the smallest annual increase the sector has recorded in recent years.