ASML Holding NV

ASML: XAMS (NLD)

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ASML: The Reports of My Death Have Been Greatly Exaggerated; Wide Moat Intact

Javier Correonero

Dec 18, 2025

According to Reuters, Chinese scientists have built a prototype machine capable of producing extreme ultraviolet light. The team, which includes former ASML employees, would have reverse-engineered the machine by sourcing parts from secondhand markets.

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ASML Holding NV

ASML: The Reports of My Death Have Been Greatly Exaggerated; Wide Moat Intact

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