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  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:type="simple" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel"/>
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates_label_en" xlink:label="lab_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Funding provided for tooling and facilities investments in associates</link:label>
    <link:label id="lab_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates_documentation_en" xlink:label="lab_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Funding provided for tooling and facilities investments in associates</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates" xlink:href="asml-2023-12-31.xsd#asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates" xlink:to="lab_asml_FundingProvidedForToolingAndFacilitiesInvestmentsInAssociates" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity_label_en" xlink:label="lab_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Increase (decrease) in legal reserves, research and development expenditures, equity</link:label>
    <link:label id="lab_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity_documentation_en" xlink:label="lab_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Increase (decrease) in legal reserves, research and development expenditures, equity</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity" xlink:href="asml-2023-12-31.xsd#asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity" xlink:to="lab_asml_IncreaseDecreaseInLegalReservesResearchAndDevelopmentExpendituresEquity" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_NetIncomeMember_label_en" xlink:label="lab_asml_NetIncomeMember" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Net income [Member]</link:label>
    <link:label id="lab_asml_NetIncomeMember_documentation_en" xlink:label="lab_asml_NetIncomeMember" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Net income</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_NetIncomeMember" xlink:href="asml-2023-12-31.xsd#asml_NetIncomeMember"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_NetIncomeMember" xlink:to="lab_asml_NetIncomeMember" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CostOfSales_4cf4ba20-9eda-4f0f-a0cf-b690cb8fe18e_totalLabel_en" xlink:label="lab_ifrs-full_CostOfSales" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cost of sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CostOfSales" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CostOfSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CostOfSales" xlink:to="lab_ifrs-full_CostOfSales" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_IssuanceOfShares_label_en" xlink:label="lab_asml_IssuanceOfShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Issuance Of Shares</link:label>
    <link:label id="lab_asml_IssuanceOfShares_documentation_en" xlink:label="lab_asml_IssuanceOfShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Issuance Of Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_IssuanceOfShares" xlink:href="asml-2023-12-31.xsd#asml_IssuanceOfShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_IssuanceOfShares" xlink:to="lab_asml_IssuanceOfShares" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables_label_en" xlink:label="lab_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Adjustments for decrease (increase) in finance receivables</link:label>
    <link:label id="lab_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables_documentation_en" xlink:label="lab_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Adjustments for decrease (increase) in finance receivables</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables" xlink:href="asml-2023-12-31.xsd#asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables" xlink:to="lab_asml_AdjustmentsForDecreaseIncreaseInFinanceReceivables" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities_label_en" xlink:label="lab_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Adjustment For Increase (Decrease), Current Tax Assets And Liabilities</link:label>
    <link:label id="lab_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities_documentation_en" xlink:label="lab_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Adjustment For Increase (Decrease), Current Tax Assets And Liabilities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities" xlink:href="asml-2023-12-31.xsd#asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities" xlink:to="lab_asml_AdjustmentForIncreaseDecreaseCurrentTaxAssetsAndLiabilities" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities_label_en" xlink:label="lab_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Noncash Portion Of Property, Plant And Equipment In Investing Activities</link:label>
    <link:label id="lab_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities_documentation_en" xlink:label="lab_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Noncash Portion Of Property, Plant And Equipment In Investing Activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities" xlink:href="asml-2023-12-31.xsd#asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities" xlink:to="lab_asml_NoncashPortionOfPropertyPlantAndEquipmentInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_AdjustmentsForEquityMethodInvestments_label_en" xlink:label="lab_asml_AdjustmentsForEquityMethodInvestments" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Adjustments For Equity Method Investments</link:label>
    <link:label id="lab_asml_AdjustmentsForEquityMethodInvestments_documentation_en" xlink:label="lab_asml_AdjustmentsForEquityMethodInvestments" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Adjustments For Equity Method Investments</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_AdjustmentsForEquityMethodInvestments" xlink:href="asml-2023-12-31.xsd#asml_AdjustmentsForEquityMethodInvestments"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_AdjustmentsForEquityMethodInvestments" xlink:to="lab_asml_AdjustmentsForEquityMethodInvestments" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities_5df17437-9ecf-477c-918c-33167c27d629_totalLabel_en" xlink:label="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cash flows from (used in) operating activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInOperatingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInOperatingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_PriorPeriodProfit_label_en" xlink:label="lab_asml_PriorPeriodProfit" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Prior Period, Profit</link:label>
    <link:label id="lab_asml_PriorPeriodProfit_documentation_en" xlink:label="lab_asml_PriorPeriodProfit" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Prior Period, Profit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_PriorPeriodProfit" xlink:href="asml-2023-12-31.xsd#asml_PriorPeriodProfit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_PriorPeriodProfit" xlink:to="lab_asml_PriorPeriodProfit" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities_14aa6532-f4d5-49e8-9fff-f3edffe47d4e_totalLabel_en" xlink:label="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cash flows from (used in) financing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInFinancingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInFinancingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_NetSystemSales_label_en" xlink:label="lab_asml_NetSystemSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Net system sales</link:label>
    <link:label id="lab_asml_NetSystemSales_documentation_en" xlink:label="lab_asml_NetSystemSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Net system sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_NetSystemSales" xlink:href="asml-2023-12-31.xsd#asml_NetSystemSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_NetSystemSales" xlink:to="lab_asml_NetSystemSales" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_GrossProfit_0d6906cc-eba4-451c-ae39-ddfc1846599e_totalLabel_en" xlink:label="lab_ifrs-full_GrossProfit" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Gross profit</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_GrossProfit" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_GrossProfit"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_GrossProfit" xlink:to="lab_ifrs-full_GrossProfit" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_PurchaseOfTreasurySharesInShares_label_en" xlink:label="lab_asml_PurchaseOfTreasurySharesInShares" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Purchase Of Treasury Shares, In Shares</link:label>
    <link:label id="lab_asml_PurchaseOfTreasurySharesInShares_documentation_en" xlink:label="lab_asml_PurchaseOfTreasurySharesInShares" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Purchase Of Treasury Shares, In Shares</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_PurchaseOfTreasurySharesInShares" xlink:href="asml-2023-12-31.xsd#asml_PurchaseOfTreasurySharesInShares"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_PurchaseOfTreasurySharesInShares" xlink:to="lab_asml_PurchaseOfTreasurySharesInShares" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_CostOfSystemSales_label_en" xlink:label="lab_asml_CostOfSystemSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cost of system sales</link:label>
    <link:label id="lab_asml_CostOfSystemSales_documentation_en" xlink:label="lab_asml_CostOfSystemSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cost of system sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_CostOfSystemSales" xlink:href="asml-2023-12-31.xsd#asml_CostOfSystemSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_CostOfSystemSales" xlink:to="lab_asml_CostOfSystemSales" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_CostOfServiceAndFieldOptionsSales_label_en" xlink:label="lab_asml_CostOfServiceAndFieldOptionsSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cost of service and field options sales</link:label>
    <link:label id="lab_asml_CostOfServiceAndFieldOptionsSales_documentation_en" xlink:label="lab_asml_CostOfServiceAndFieldOptionsSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cost of service and field options sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_CostOfServiceAndFieldOptionsSales" xlink:href="asml-2023-12-31.xsd#asml_CostOfServiceAndFieldOptionsSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_CostOfServiceAndFieldOptionsSales" xlink:to="lab_asml_CostOfServiceAndFieldOptionsSales" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_NetServiceAndFieldOptionSales_label_en" xlink:label="lab_asml_NetServiceAndFieldOptionSales" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Net service and field option sales</link:label>
    <link:label id="lab_asml_NetServiceAndFieldOptionSales_documentation_en" xlink:label="lab_asml_NetServiceAndFieldOptionSales" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Net service and field option sales</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_NetServiceAndFieldOptionSales" xlink:href="asml-2023-12-31.xsd#asml_NetServiceAndFieldOptionSales"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_asml_NetServiceAndFieldOptionSales" xlink:to="lab_asml_NetServiceAndFieldOptionSales" xlink:type="arc" order="1"/>
    <link:label id="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities_3243dd24-dfa8-4fd5-b648-3b16fb40d415_totalLabel_en" xlink:label="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Cash flows from (used in) investing activities</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:href="https://xbrl.ifrs.org/taxonomy/2022-03-24/full_ifrs/full_ifrs-cor_2022-03-24.xsd#ifrs-full_CashFlowsFromUsedInInvestingActivities"/>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:to="lab_ifrs-full_CashFlowsFromUsedInInvestingActivities" xlink:type="arc" order="1"/>
    <link:label id="lab_asml_NonCurrentLoansReceivable_label_en" xlink:label="lab_asml_NonCurrentLoansReceivable" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xmlns:xml="http://www.w3.org/XML/1998/namespace" xml:lang="en">Non-Current Loans Receivable</link:label>
    <link:loc xlink:type="locator" xlink:label="loc_asml_NonCurrentLoansReceivable" xlink:href="asml-2023-12-31.xsd#asml_NonCurrentLoansReceivable"/>
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