For ASML, AI increases everything

An interesting couple of notes appeared over the transom this week regarding Netherlands chip equipment titan ASML Holding, one of the TL20 stocks worth considering.

There was no immediate news event for these notes, just what appeared to be a spontaneous rush to endorse a good company’s stock.

The theme of the notes, you could say, was, Chip making is only getting harder, and that’s always good news for ASML.

In case you’re unfamiliar, ASML makes laser light sources for what’s known as photolithography, where a light is shown through a mask or screen, imprinting a pattern of circuits on the photosensitive layers of a semiconductor wafer such as silicon. That’s how circuits are carved into the wafer to become chips.