ASML: The Gatekeeper of Moore's Law and the Digital Future

The Undisputed Monopoly in Advanced Lithography

ASML Holding N.V. — $ASML ( ▼ 0.93% ) is a Dutch multinational company specializing in the design, development, manufacturing, and servicing of advanced photolithography systems, which are essential for producing microchips. ASML is the world's leading manufacturer of photolithography systems, the complex machines essential for printing intricate patterns onto silicon wafers to create microchips. It does not manufacture chips itself but provides the critical equipment enabling major chipmakers like Intel, Samsung, and TSMC to mass-produce patterns on silicon wafers.  

ASML's Extreme Ultraviolet (EUV) lithography technology enables the production of the most advanced and powerful chips, driving innovation across sectors like computing, artificial intelligence, and communications. Holding a near-monopoly in this high-end market segment, ASML's technology is indispensable for pushing the boundaries of Moore's Law and powering the modern digital world, making it a cornerstone of the global tech ecosystem. 

Source: Ann Kelleher, Intel, “Moore’s law – now and in the future”, Intel investor day Feb 17, 2022

Source: High Performance Computing: https://top500.org/lists/top500/ based on FP64 performance; Consumer GPU: nVidia & AMD data sheets based on FP32 performance Source: EPOCH , “ Notable models” June 2024, updated Nov 2024

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