Part 5/9:
As the demand for semiconductors skyrockets, exacerbated by industries across the spectrum vying for chip access during the pandemic-related shortages, ASML’s leading position becomes increasingly critical. The company has continuously ramped up production in response, navigating supply chain issues that have hindered even its operations.
The high entry costs for EUV machines prevent many potential competitors from entering this niche market. Those who can afford the investment find that ASML has entrenched relationships with suppliers and partners that make replication of its sophisticated ecosystem daunting.