ASML - ASML: TSMC Order Creates Strong Upside
2024-06-12 09:50:21 ET
Summary
- ASML possesses near-exclusive production of advanced EUV lithography systems, positioning them at the core of the global semiconductor manufacturing process.
- The company's EUV lithography machines are crucial for developing next-generation semiconductor devices, meeting the surging demand for high-performance computing and AI applications.
- ASML's performance creates strong investment appeal, with robust revenue driven by high demand across major semiconductor markets and the expectation of more firms requiring sophisticated semiconductor solutions.
Investment Thesis
Dutch semiconductor giant ASML ( ASML ) possesses near-exclusive production of advanced extreme ultraviolet ((EUV)) lithography systems. This technology is needed in the development of next-generation semiconductor devices as the industry increases its demand for AI chips.? The company's dominant position in this niche is described as a quasi-monopoly by industry analysts, which places the tech firm at the core of the global semiconductor manufacturing process??.
ASML's EUV lithography machines will continue to position the company as a leader in the industry since no other firm possesses the technology that can produce chips as small as three nanometers to meet the surging demands of high-performance computing and AI applications????....
ASML: TSMC Order Creates Strong Upside