ASML Holding N.V. develops, produces, markets, sells, and services advanced semiconductor equipment systems consisting of lithography, metrology, and inspection related systems for memory and logic chipmakers. The company provides extreme ultraviolet lithography systems; and deep ultraviolet lithography systems comprising immersion and dry lithography solutions to manufacture various range of semiconductor nodes and technologies. It also offers metrology and inspection systems, including YieldStar optical metrology solutions to measure the quality of patterns on the wafers; and HMI e-beam solutions to locate and analyze individual chip defects. In addition, the company provides computational lithography and software solutions to create applications that enhance the setup of the lithography system; and mature products and services that refurbish used lithography equipment and offers associated services. It operates in Japan, South Korea, Singapore, Taiwan, China, the Netherlands, Europe, the United States, and rest of Asia. The company was formerly known as ASM Lithography Holding N.V. and changed its name to ASML Holding N.V. in 2001. ASML Holding N.V. was founded in 1984 and is headquartered in Veldhoven, the Netherlands.
ASML was founded in 1984 and is one of the largest semiconductor equipment businesses on earth, specialized in photo-lithographic systems used to print circuit patterns on silicon wafers. This business is an incredibly high-expertise technological field with requirements in optics, photo scanning, and precision to reach nanometers of precision.
The only customers ASML has are companies specifically in the business of semiconductor Fabs, meaning that the entire company’s market is dependent on extremely few customers, because in recent years most semiconductor companies, such as NVIDIA or AMD, have decided to go “fabless” and outsourced the capacity to manufacture chips. The reasons behind this trend are mainly the rising development and capital expenditure costs for such operations. While this could seem like a risky position for ASML, we have to consider that this market has incredibly high entry barriers due to the high technological content of the systems used and the quick pace of innovation.
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