Didier Simema, a French-born analyst at B of A Securities, dives into the pivotal role of ASML in semiconductor manufacturing. He discusses how ASML’s advanced EUV lithography machines are essential for AI developments, especially for giants like NVIDIA. Despite ASML's crucial contributions, its stock faces recent slumps, tied to changing market dynamics and geopolitical tensions. Simema also sheds light on the broader implications for the U.S. stock market and the semiconductor industry’s future amid evolving technology and geopolitical challenges.