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ASML's EUV Monopoly Puts It at the Center of the AI Chip Boom

Only ASML can build EUV tools capable of etching the features needed for leading-edge chips.

Overview

  • Investors are focusing on ASML as the behind-the-scenes enabler of modern chip production as AI workloads expand.
  • The company builds lithography systems that define chip performance by printing ultra-fine circuit patterns onto silicon wafers.
  • Its EUV technology is uniquely available from ASML and is required for the most advanced semiconductor nodes.
  • Each EUV machine costs more than $200 million, weighs over 180 tons, and incorporates more than 100,000 parts.
  • ASML's tools underpin chips used in iPhones, GPUs, and AI servers, with major customers including TSMC, Intel, and Samsung.