ASML: The US$378 Million Machines That Make Modern Life Possible
Every smartphone in your pocket, every car with advanced electronics, and every server that powers the internet relies on one company’s machines. That company is ASML Holdings (NASDAQ: ASML). Despite playing such a critical role in the semiconductor industry, ASML remains an unfamiliar name to many. These machines, each costing as much as US$378 million, are indispensable.Let’s look at how they function and why a relatively unknown Dutch firm holds such an outsized influence over the future of technology.Th ...