Tag: valuable
ASML, Europe’s Most Valuable Tech Firm, Is at the Heart of the US-China Chip War
Over his nearly four decades at the company, ASML has gone from a bit player competing with the likes of Nikon, Canon and Ultratech to the world’s only maker of very high-end semiconductor lithography equipment. Its ascent has made it Europe’s most valuable technology company, with a market capitalization of over $247 billion — more than twice that of its customer Intel. In an industry where devices typically cost $10 million, ASML commands about $180 million for its current top-end machine. And although the chip market has softened recently, ASML is still growing and its long-term outlook seems intact, thanks to the insatiable demand for computing power.
“This is a company that the world can’t exist without,” said Jon Bathgate, a fund manager at NZS Capital in Denver, which has about $2 billion under management, with ASML as one of its biggest holdings. “They’ve got a 20-year head start… Investors have clearly realized how important ASML is as a company and how difficult it would be to replicate. It’s a natural monopoly with secular growth winds. That’s unique.” As chips become for geopolitics in the 21st century what oil was in the last one, ASML’s singular success has thrust it squarely in the crosshairs of the intensifying tensions between the US and China. With the US focused on the strategic importance of semiconductors, Presidents Donald Trump and Joe Biden have done everything to ensure that China is a couple of generations behind in chips. No company is more critical to that effort than ASML.
Read more of this story at Slashdot.
Silicon Valley Bank’s crash is providing valuable lessons all over the world
This week, some of my colleagues took a deep dive into the effects on consumers, businesses, banks, investors, etc. — all over the world — showing just how connected the startup ecosystem really is.
Silicon Valley Bank’s crash is providing valuable lessons all over the world by Christine Hall originally published on TechCrunch
AI Will Make Human Art More Valuable
Outside the Box: Skip the candy and flowers on Valentine’s Day for this valuable gift that won’t cost you a penny
This Witcher 3 mod can help snatch valuable performance from its hungry ray tracing
PM calls NHS crisis talks ‘highly valuable’ as health secretary says solutions being ‘identified’
PM Sunak welcomes ‘valuable’ talks with health leaders
How tech leaders can reduce burnout and protect their most valuable employees
Down 10%, the most valuable stock on the FTSE 100 is starting to look cheap!
Dr James Fox investigates whether the FTSE 100’s most valuable stock, AstraZeneca, looks like a good buy after its 10% fall over the past three months.
The post Down 10%, the most valuable stock on the FTSE 100 is starting to look cheap! appeared first on The Motley Fool UK.