ASML Holding vs Walmart: Founders, CEOs and History

Company facts

Founders

CEOs and their tenures

Timeline: ASML Holding and Walmart side by side

1. 1962Walmart

   First Walmart Opens

   Sam Walton opens the first Walmart Discount City in Rogers, Arkansas.

2. 1970Walmart

   Walmart Goes Public

   Walmart sells shares to the public to fund expansion.

3. 1983Walmart

   Sam's Club Launches

   The first Sam's Club warehouse club opens in Midwest City, Oklahoma.

4. 1984ASML Holding

   Founded as ASM Lithography in Eindhoven

   ASM Lithography starts operations on April 1, 1984 as a joint venture between Philips and ASM International, with the mandate to commercialize the PAS 2000 wafer stepper developed inside Philips.

5. 1986ASML Holding

   PAS 2500 stepper and the Carl Zeiss partnership

   ASML brings the PAS 2500 stepper to market with a new wafer alignment system developed by first chief scientist Steef Wittekoek, and establishes the optics partnership with Carl Zeiss that still supplies every ASML lithography system.

6. 1988ASML Holding

   ASM International withdraws and Philips funds a rescue

   With few customers and heavy cash consumption, ASM International decides to stop funding the joint venture while Philips launches a company-wide cost-cutting program.

7. 1988Walmart

   First Supercenter and New CEO

   Walmart opens its first supercenter, and David Glass succeeds Sam Walton as CEO.

8. 1991ASML Holding

   PAS 5500 platform turns the company around

   ASML launches the PAS 5500 platform, whose productivity and resolution win the first large orders from Intel and IBM under chief executive Willem Maris and take the company to profitability. PAS 5500 systems are still running in customer fabs decades later.

9. 1995ASML Holding

   IPO in Amsterdam and on Nasdaq

   ASML becomes a fully independent public company with a dual listing on the Amsterdam Stock Exchange and Nasdaq. Philips sells half of its shares at the IPO and divests the remainder over the following years.

10. 2000Walmart

    Lee Scott Becomes CEO

    Lee Scott succeeds David Glass as CEO.

11. 2001ASML Holding

    TWINSCAN platform launched and Silicon Valley Group acquired

    ASML introduces the TWINSCAN dual-stage architecture, which exposes one wafer while the next is measured and aligned, lifting throughput and overlay accuracy above competing systems.

12. 2003ASML Holding

    First immersion lithography system

    The TWINSCAN AT:1150i debuts as ASML's first immersion machine, projecting 193 nanometer light through a layer of ultrapure water between the lens and the wafer to raise resolution.

13. 2010ASML Holding

    First EUV prototype shipped

    ASML ships the TWINSCAN NXE:3100, its first extreme ultraviolet lithography tool, to the research facility of an Asian chipmaker.

14. 2012ASML Holding

    Customer Co-Investment Program with Intel, TSMC and Samsung

    Intel, TSMC and Samsung acquire newly issued ASML shares equal to an aggregate 23 percent minority stake for ~$4.35 billion (3.85 billion euros) in cash, and separately commit ~$1.56 billion (1.38 billion euros) of R&D funding over five years dedicated to EUV…

15. 2013ASML Holding

    Cymer acquisition completed and second-generation EUV shipped

    ASML completes the acquisition of Cymer, the San Diego supplier of the light sources used in its lithography systems, in a cash-and-stock deal valued at ~$2.2 billion (1.95 billion euros) when it was agreed in October 2012.

16. 2014Walmart

    Doug McMillon Becomes CEO

    Doug McMillon, who started as an hourly associate in 1984, becomes CEO.

17. 2016Walmart

    Jet.com Acquisition

    Walmart buys Jet.com for about $3.3 billion to strengthen its U.S. ecommerce team.

18. 2017ASML Holding

    EUV enters high-volume manufacturing

    ASML begins shipping the production-ready TWINSCAN NXE:3400B after customers started ordering the NXE:3400 generation in batches in 2016, roughly two decades after EUV research began.

19. 2018Walmart

    Flipkart Investment

    Walmart acquires a majority stake in Flipkart for about $16 billion.

20. 2019ASML Holding

    Dutch government stops EUV exports to China

    The Netherlands does not renew ASML's export licence for EUV systems to China, the start of a widening export control regime.

21. 2023ASML Holding

    First High-NA EUV system shipped

    ASML ships the first of its next-generation EUV systems with a numerical aperture of 0.55, the TWINSCAN EXE:5000, to Intel in Hillsboro, Oregon.

22. 2024ASML Holding

    Christophe Fouquet becomes chief executive

    Peter Wennink and Martin van den Brink step down as presidents of ASML on April 24, 2024 and Christophe Fouquet becomes president, chief executive officer and chair of the Board of Management.

23. 2024Walmart

    VIZIO Acquisition

    Walmart completes its $2.3 billion purchase of smart-TV maker VIZIO to expand its advertising business.

24. 2025ASML Holding

    Record year, first EXE:5200B and Mistral AI investment

    ASML reports total net sales of ~$37 billion (32.7 billion euros), up 15.6 percent, net income of ~$10.8 billion (9.6 billion euros), a gross margin of 52.8 percent and 535 systems sold, and closes the year with a backlog of ~$43.8 billion (38.8 billion euros)…

25. 2026Walmart

    John Furner Becomes CEO

    John Furner succeeds Doug McMillon as President and CEO effective February 1, 2026; David Guggina takes over Walmart U.S.

26. 2026Walmart

    Q2 FY27 Results

    Walmart reports Q2 FY27 revenue of $187.9 billion, up 5.9%, and raises full-year sales and operating income guidance.

Acquisitions

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