3D·

Farewell to ASML

I decided to take profits and sold my position this morning. There are various reasons for this, such as a relatively high valuation and a somewhat high dependence on Chinabut the most serious reason is the threat to the monopoly. The US government wants to replace ASML $ASML (+0.39%) and is therefore supporting the startup XLight (I'm not saying this will become a threat quickly, but in the long run it could work with strong support). Even more dangerous, in my opinion, is a piece of news from this week. Canon
$7751 (+1.1%) and Dai Nippon Printing
$7912 (+1.35%) have developed a lithography process based on Canon's Nanoimprint Lithography, which is specifically designed for 1.4nm chips chips and 90% less energy required. That is a huge difference in terms of price. Even if the super high-end sector continues to rely on EUV, the general monopoly in the high-end sector will break away and with it the whole story. Such changes don't happen overnight, but they do happen. In the end, I decided to part company with ASML and look elsewhere.

https://asia.nikkei.com/business/tech/semiconductors/new-japan-tech-said-to-slash-power-use-in-making-next-gen-1.4-nm-chips

12.12

ASML

Sold at €954.90

11 Comments

jkb92@jkb92

First wait for ATH (hopefully) :)

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ichmussweg@ichmussweg

Thank you, I also have ASML in my portfolio. Would be a reason to take profits here

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TradingHase@TradingHase

I'm actually out today too.

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Tenbagger2024@Tenbagger2024

How do you see the impact on Tokyo Electron?

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PikaPika0105@PikaPika0105

@Tenbagger2024 rather low. Their products are not affected by this. Of course, they have a good market position in EUV lithography, i.e. all the devices that are connected to it. But their products are mainly applicable elsewhere. They are particularly strong in the high-end sector. If XLight comes, the effect on TEL will be zero. If Canon can assert itself, TEL will definitely be able to benefit, as there is closer cooperation between Japanese companies anyway, which is why they are adapting quickly. So I think TEL is currently better in this area.

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Andre@DivGrowth1989

remains exciting as always, I remain invested in ASML. Until someone gets their hands on ASML, the others will burn a lot of money...and who knows what new technologies ASML will have on the screen by then

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Schrauber1113@GordenShanway

@DivGrowth1989 We are already in the process of making new parts, these are planned for 2030

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Andre@DivGrowth1989

@GordenShanway we? do you work there?

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Schrauber1113@GordenShanway

@DivGrowth1989 für

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PikaPika0105@PikaPika0105

@DivGrowth1989 I think the market will become more diverse and that the monopoly will break, but they will definitely remain relevant.

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Laurens@Ldercksen

I am definitely holding my part of ASML. The best is yet to come, they're advance is too great! Surely some bumps in the road, but the coming 3 to 4 ydears are exiting.

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