Most tech companies rely on integrated circuits (Chips).
These are some companies who buy from ASML:
- Applied materials
- Avid Technology Inc.
- Boeing Co.
- Ciena Corp
- Cisco Systems
- Garmin Ltd
- Juniper Networks
- Lockheed Martin
- Qorvo Inc
- Taiwan Semiconductor
- Texas Instruments
It's clear to see the dominance of ASML in this market and they don't relay on any single customer for a big part of their business.
- ASML is a leader in a technology known as extreme ultraviolet lithography- Essentially this allows finer patterns to be written onto a chip, which allows more transistors, thus increasing its processing power.
- Company is repurchasing it's own shares.
- 0.62% Dividend.
- Revenue grew an average of 19.8% over the past three years.