I spent hours deep diving into $ASML business so you don’t have to
Here’s what you need to know 🧵
Highlights:
• $ASML is a semiconductor machine manufacturer and has a monopoly on EUV machines
• The demand for chips has made $ASML the center of geopolitical attention
• Dividends have increased steadily with room to raise them in the future
Some Background:
$ASML is in the business of lithography, the process that creates semiconductors.
To make a semiconductor, you must first make a “chip” out of silicon, melt it down and cut it into wafers with layers.