ASML, a Dutch equipment firm with a stranglehold on lithography equipment and a monopoly on high-end extreme ultraviolet (EUV) exposure machines, has become accustomed to having tens of billions of euros in backlog orders. First, due to its limited output growth; second, as long as new wafer fabs are built, purchase from ASML will be required.
Falling EUV equipment orders suggest China and Intel drive ASML’s performance
23
Apr