Buying ASML Holdings (ASML) @$385.43

ASML is a provider of advanced technology systems for the semiconductor industry, offering an integrated portfolio of lithography systems mainly for manufacturing complex integrated circuits. I like that this is a dutch company which provides a it of geographical diversification.

ASML is a market leader and practical monopoly in the manufacturing of 7-NM processes which enable the manufacturing of higher density processors. As devices get smaller and smarter, it stands to reason that these processors will be more dominant over time.