ASML vs. Taiwan Semiconductor Manufacturing Company: What Revenue Trends Tell Investors About These Companies Tied to Artificial Intelligence

• ASML and TSMC both derive most revenue from advanced chipmaking equipment and foundry services. • ASML and TSMC began a collaboration in Sept. 2026 to transition to large-format photomasks. • ASML faces global data-center demand delays; TSMC sees suppliers relocating to the U.S. ASML Holding (NASDAQ:ASML) earns most of its revenue by developing, manufacturing, and servicing advanced lithography systems used to produce integrated circuits. In the quarter ended Sept. 25, 2026, ASML announced a collaboration with TSMC to transition to large-format photomasks, while contending with demand delays tied to global data center construction. Taiwan Semiconductor Manufacturing (NYSE:TSM), or TSMC, earns most of its revenue as a global foundry that manufactures, packages, and tests custom chips for international clients. TSMC joined ASML's photomask initiative in September 2026, while international suppliers increasingly relocate to the U.S. to support its domestic manufacturing buildout. Revenue remains a key gauge of a company's scale, customer demand, and financial trajectory — the total money a business brings in before expenses.