The big winner from the world's chip shortage


SUBMITTED BY: Sofis91

DATE: Oct. 18, 2021, 3:50 p.m.

FORMAT: Text only

SIZE: 635 Bytes

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  1. The world is experiencing a semiconductor crisis. Multiple sectors, from automobiles to video games, are unable to respond to consumer demand due to the shortage of chips. In this context of shortages, there is a company that rubs its hands: ASML. Unknown to the general public, this Dutch giant has accumulated a 300% rise in the stock market in the last three years and is already, with a capitalization of 265,000 million euros (more than twice the size of Inditex), one of the European companies most valuable. Your secret? Provide semiconductor manufacturers with machines - based on lithography systems - key to their production.

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