ASML Could Be the Greatest Artificial Intelligence (AI) Stock You've Never Heard Of
ASML (NASDAQ: ASML) may be the best artificial intelligence (AI) company you've never heard of. However, without ASML, none of the amazing and innovative technology that surrounds us would be possible.
ASML is the sole provider of vital equipment in the chip-making process, making it a technological monopoly. This makes ASML an intriguing investment by itself, but does the rest of the company's picture represent a strong buy?
ASML's extreme ultraviolet (EUV) lithography machines are unique. These machines are vital in laying out microscopic traces on a semiconductor wafer, especially at the nanometer level. Almost every company that makes cutting-edge chips is an ASML customer, including Taiwan Semiconductor and .
Source Fool.com