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Ruchi Gupta

ASML Is Down 7% Over the Past Month. Should You Buy the Chip Stock on the Dip?

ASML Krish Sankar Semiconductor TSMC

ASML Holding NY (ASML) is a Dutch multinational corporation and a foundational pillar of the global semiconductor industry. ASML is the world's sole provider of extreme ultraviolet (EUV) lithography machines, which are essential for etching the microscopic circuits found in the most advanced AI and high-performance chips. By utilizing complex laser-plasma light sources and precision optics, ASML enables chipmakers like TSMC (TSM), Intel (INTC), and Samsung to push the boundaries of Moore’s Law.

Headquartered in Veldhoven, Netherlands, the company was founded in 1984.

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