Sole EUV CO2 laser supplier
TRUMPF
The de-facto sole supplier of the high-power CO2 laser for ASML EUV light sources (LPP), firing at tin droplets to create 13.5nm EUV plasma. ASML invested directly in TRUMPF (as it did in Zeiss); in 2025 TRUMPF won ASML’s Supplier Award (Technology) for a next-gen high-energy EUV laser. Its core business is industrial lasers and machine tools. Private (Germany).
Updated Jul 12, 2026 1 AI consumers
Per the valuechain.wiki graph, TRUMPF is directly linked to 1 companies (0 supply, 1 revenue, 1 investment relationships) and reaches 14 companies within two hops; the links are backed by 6 dated sources, 1 of them primary filings (as of 2026-07-12).
Financials & Segments
- Total revenue · EUV-source CO2 laser monopoly + industrial lasers (FY2024/25 revenue EUR 4.3B, -16%; private)
- Customer concentration · ASML is sole EUV-laser customer and direct investor.
- Segments · EUV CO2 laser · Industrial lasers/machine tools
Revenue from
- ASML High confidence
Sole supplier of high-power CO2 laser for ASML EUV light source.Confirms EN optics.org Published Oct 15, 2025: TRUMPF confirms 16% revenue decrease to EUR 4.3B for FY2024/25 (laser, EUV source)Confirms EN TRUMPF Published Oct 1, 2025: TRUMPF FY2024/25 (ended Jun 2025) results — revenue EUR 4.3B (-16%), Laser Technology EUR 1.2B - industrial lasers & machine tools customers (undisclosed) Medium confidence
Core industrial-laser and sheet-metal machine-tool revenue.
Pays to
- optical · precisioncomponents (undisclosed) Low confidence
Laser optics and precision parts (undisclosed). - R&D engineers (undisclosed) Low confidence
EUV/high-power-laser R&D staff.
Investors
Value-chain ripple (2 tiers)
Following node-to-node links up to 2 tiers; each firm is shown once, at its nearest tier.
| Company | Chain | '21 | '22 | '23 | '24 | '25 | YTD |
|---|---|---|---|---|---|---|---|
| SanDisk | lead2 | · | · | · | · | · | +707.1 |
| Kioxia | lead2 | · | · | · | · | +1082.1 | +260.5 |
| Micron Technology | lead2 | +24.2 | -45.9 | +71.9 | -1 | +240.2 | +243.3 |
| United Microelectronics (UMC) | lead2 | +43.2 | -40.3 | +39.2 | -19 | +28.8 | +215.1 |
| SK hynix | lead2 | -0.4 | -25.6 | +53.9 | +48.6 | +361.1 | +140.3 |
| GlobalFoundries | lead2 | · | -17.1 | +12.5 | -29.2 | -18.6 | +97.8 |
| Samsung Electronics | lead2 | -9 | -14.2 | +20.9 | -26.4 | +212.9 | +77.9 |
| Hua Hong Semiconductor | lead2 | -19.8 | -19.5 | -53 | +61.6 | +412.1 | +59.2 |
| TSMC | lead2 | +12.1 | -36.7 | +42.3 | +92.6 | +55.9 | +43.6 |
| Nanya Technology | lead2 | -8.3 | -14.2 | +22.5 | -56.2 | +984.7 | +33.8 |
| ASML | lead1 | +64.1 | -30.5 | +39.9 | -7.7 | +55.8 | +68.6 |
| TRUMPF | node | · | · | · | · | · | · |
| ASML | benef1 | +64.1 | -30.5 | +39.9 | -7.7 | +55.8 | +68.6 |
| Ichor Holdings | benef2 | +52.7 | -41.7 | +25.4 | -4.2 | -42.8 | +444.2 |
| MKS Instruments | benef2 | +16.4 | -51 | +22.6 | +2.2 | +54.4 | +131 |
A monopoly in CO2 lasers for EUV light sources (exclusive to ASML; returns not tracked as it is private). Laser demand is underpinned as its customer ASML and the memory and foundry above it (SanDisk, Kioxia AI demand) rise. Exclusively supplying the high-power laser that makes EUV light, it is, with Zeiss, an invisible bottleneck of EUV lithography.
Analysis generated from returns as of 2026-06-23