ASML's Critical Role in Semiconductor Manufacturing

ASML plays an essential role in the semiconductor industry, particularly with its advanced lithography machines necessary for producing chips. These machines utilize extreme ultraviolet (EUV) technology, enabling manufacturers to create incredibly dense and powerful chips for various applications, including AI and computing. The demand for ASML's machines is heavily driven by companies such as TSMC and NVIDIA, both of which rely on ASML to produce next-generation chips. As a result, ASML's technology has helped maintain Moore's Law, which predicts the doubling of transistor density every two years.