When we think of technological giants, we tend to look at an $AAPL (+0,05 %), $NVDA (-1,25 %) o $MSFT (+0,05 %). But behind all of them is a key company, without which none of this would exist: $ASML (-0,19 %)
This Dutch company is the only one in the world capable of manufacturing extreme ultraviolet (EUV) lithography machines, an essential technology for producing the most advanced microchips on the planet.
We are talking about a business with an almost impenetrable moat: each machine costs more than $150 million and can take months to produce. The customers are names we all know: TSMC, Intel or Samsung. Without ASML, artificial intelligence, next-generation smartphones or electric cars simply could not develop at the level we know today.
The fascinating thing about ASML is that it does not compete on price, it competes on innovation. Its margins are sky-high because it offers something that no one else can deliver. Moreover, the demand for chips is only growing: artificial intelligence, 5G, cloud computing, augmented reality... each of these trends needs more transistors, more power and more efficiency.
Investing in ASML is, in a way, investing in the future of digital humanity. It is not a perfect company (high dependence on few customers and geopolitical tensions with China), but it is a strategic and practically irreplaceable piece in the global chain.
📈 In my opinion, ASML is not just another stock: it is the backbone of global technological innovation.
