TSM - Extreme UV Is The Future For Chips ASML Holding Has A Monopoly
2024-05-05 08:42:31 ET
Summary
- ASML Holding N.V., a Dutch semiconductor firm, has seen significant stock performance and market cap growth in the last decade.
- ASML's primary business is the production of lithography machines used by chip manufacturers to make physical chips.
- ASML's revenue from extreme ultraviolet (EUV) lithography has increased 9x in the last seven years and is expected to overtake sales from legacy systems in 2024.
- Risks remain for the firm due to the recent trade ban to China, but other catalysts like the CHIPS Act may aid in achieving growth targets.
Introduction
Dutch semiconductor firm ASML Holding N.V. ( ASML ) has been on a tear in the last decade, with its stock significantly outperforming the semiconductor index and its market cap rising to $350B....
Extreme UV Is The Future For Chips, ASML Holding Has A Monopoly