ASML's EUV Machines Are Becoming More Valuable Than Ever. Here's Why.
The Dutch semiconductor equipment maker has unmatched pricing power.
Overview
ASML (NASDAQ: ASML) is the world's largest producer of lithography systems, which optically etch circuit patterns onto silicon wafers. It's also the only producer of extreme ultraviolet (EUV) lithography systems, which are required for manufacturing the world's most advanced chips.
All of the world's top foundries -- including TSMC (NYSE: TSM), Samsung, and Intel (NASDAQ: INTC) -- use ASML's EUV systems to produce their top-tier chips. That makes the Dutch company a linchpin of the global semiconductor market.
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Originally published at www.fool.com.
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