ASML

ASML Holding N.V.

research_scan theme='chips-compute'; value_chain_position='upstream-enabler'; Single-supplier EUV / High-NA EUV monopoly gating every leading-edge logic node at TSMC + Intel Foundry + Samsung. The 2026-09-08 press-release triple (Intel Foundry × ASML High-NA collaboration, Samsung × ASML expanded strategic collaboration, Eindhoven campus construction) widens the customer base for High-NA EUV to three logic customers simultaneously — a monopoly-rent moat that strengthens further this cycle. Q2 2026 print of €9.3B / 54.0% GM (July 23 scan) showed no compression.