Where Will ASML Be in 5 Years?

The company just gave its 2030 vision, and beyond.Artificial intelligence (AI) requires the most sophisticated logic chips and a boatload of high-bandwidth DRAM memory (HBM). But neither of those two essential building blocks can be produced without extreme ultraviolet lithography (EUV) machines.Thus, you may be surprised to learn that the company with a monopoly on EUV technology, ASML Holdings (ASML 2.41%), has actually seen a pretty big pullback in its stock. In fact, the stock is roughly 40% below its J ...