Why Is Everyone Talking About ASML Stock?
The global chip shortage, which started in late 2019 and worsened throughout the pandemic, turned ASML (NASDAQ: ASML) into one of the world's most-talked-about semiconductor equipment makers.
The Dutch company is the world's largest producer of lithography machines, which are used to etch circuit patterns onto silicon wafers. It's also the only manufacturer of EUV (extreme ultraviolet) lithography systems, which are required to create the smallest technology chips.
ASML only ships a few dozen EUV systems a year, which cost over 120 million euros ($139 million) each. They are shipped to the largest chip foundries worldwide. That makes it a crucial supplier for TSMC (NYSE: TSM), Samsung, and Intel (NASDAQ: INTC), and a linchpin of the global semiconductor market.
Source Fool.com
