ASML Holding NV

ASML: XAMS (NLD)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	€715.00	Xcb	Qgctnshxnx

ASML Is the Leader in EUV Lithography and Has Rosy Growth Prospects in Our view

Abhinav Davuluri

Aug 29, 2022

Business Strategy and Outlook

ASML is the leader in photolithography equipment for semiconductor manufacturers. We expect it to materially benefit from the proliferation of extreme ultraviolet, or EUV, lithography and we believe the uncertainty concerning the long-term extent of EUV insertion has sufficiently diminished to justify a wide moat rating.

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