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ASML Deep Dive: The Monopoly Powering the AI Revolution

ASML Deep Dive: The Monopoly Powering the AI Revolution

ASML continues to dominate the semiconductor equipment industry with its monopoly on EUV lithography technology.

Jun 10, 2025
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Qarp Fund
Qarp Fund
ASML Deep Dive: The Monopoly Powering the AI Revolution
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Executive Summary

ASML continues to dominate the semiconductor equipment industry with its monopoly on EUV lithography technology. Despite Q1 2025 bookings coming in below expectations at $4.4 billion, the company maintains strong fundamentals with 54% gross margins and guides for $34-40 billion in 2025 revenue. Trading at a P/E of 29.7x, ASML commands a…

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