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 (+1,84%) 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 (-3,45%) and Dai Nippon Printing
$7912 (-0,34%) 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