ASML Holding N.V. reported its second-quarter results before the bell, revealing significant growth driven by booming sales in China and AI-driven demand for chip-making machines. The company has seen revenue grow at a 17% CAGR over the last decade. ASML's CEO highlighted the industry's expected cyclical upturn in 2025 and affirmed revenue targets of €30-40 billion for FY25 with a gross margin of 54-56%, and €44-60 billion for FY30 with a gross margin of 56-60%. The CEO also noted that AI is driving the semiconductor industry recovery, influencing both Logic and Memory segments.