Investing term

What is ASML?

Dutch semiconductor-equipment company that makes the EUV lithography machines every advanced chip is manufactured on — a global monopoly with no US peer.

ASML is a Dutch company that builds the extreme-ultraviolet (EUV) lithography machines used to print the circuitry on the world's most advanced computer chips. It's effectively a monopoly — no other company makes these machines — which gives it rare pricing power and makes it a critical chokepoint in the entire global semiconductor supply chain.

For example

Every cutting-edge chip in a modern phone is etched by an ASML machine — there is no alternative supplier, which is the heart of the company's moat.

ASML is taught hands-on in Stage 19 — Beyond Stocks.

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Related terms

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