Tom Walsh

In this engaging discussion, Tom Walsh, a portfolio manager at Baillie Gifford, shares insights into ASML, a key player in semiconductor technology. He recounts ASML's remarkable journey from a struggling spin-off of Philips to dominating extreme ultraviolet lithography. Walsh explains the intricate process of photolithography and how ASML's innovations have driven transistor miniaturization. He also explores the company's market resilience, strategic collaborations, and the importance of long-term vision in navigating industry challenges.