Founded in 1984, ASML's profit has soared in the last couple of years, with the company valued higher than Intel. So what led to the rise of ASML? And how has it become A Company On Which The World Depends? This is Business Ville, and In today's video, we will look at the story of ASML,
ASML, formerly a Philips company, supplies its equipment to Intel, TSMC, and Samsung. While companies like Intel, Samsung, and TSMC are well-known in the semiconductor industry, ASML Holdings is arguably the most significant and little-known. Nowadays, silicon-based chips power practically all modern gadgets.
Everything is powered by chips, including the gadget you are reading this article on and the automobile you drive. Many military technologies, as well as data centers, are powered by these chips. The only manufacturer of this extremely complex machinery utilized in chip manufacturing is ASML.
