The Behind-the-Scenes Monopoly Powering the Tech Industry
In all the talk about artificial intelligence (AI) and semiconductors, there's one company that I don't see mentioned often despite the fact that the entire technology industry is reliant upon its products.
It's called ASML Holding N.V. (NASDAQ: ASML) and it's one of the only companies that can be described accurately as a monopoly.
All modern technology is reliant on semiconductors, not just AI. And ASML stands alone as the world's only producer of the advanced lithography machines needed to produce the best semiconductor chips.
Source Fool.com
