ASML Holding (AMS: ASML)

ASML Holding is a corporation based in Veldhoven, Netherlands. Established in 1984, it is the leader in photolithography systems used in the manufacturing of semiconductors. Photolithography is the process in which a light source is used to expose circuit patterns from a photomask onto a semiconductor wafer. The latest technological advances in this segment allow chipmakers to continually increase the number of transistors on the same silicon area, with lithography historically representing a meaningful portion of the cost of making cutting-edge chips. Chipmakers require next-generation EUV lithography tools from ASML to continue past the 5-nanometer process node. ASML's products are used by every major semiconductor manufacturer, including Intel, Samsung, and TSMC. The company's investments are managed by the executive team.