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.
Monday, July 20, 2020
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.
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