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In the ever-evolving world of technology, few companies play as crucial a role as ASML Holding N.V. (NASDAQ: ASML). Despite its stock currently trading near its 52-week low, ASML presents a compelling investment opportunity for those willing to look beyond short-term market fluctuations. This article will explore why ASML could be a great addition to your investment portfolio, delving into the company's business model, its unique position in the semiconductor industry, and the factors that contribute to its long-term potential.
Introduction
ASML is a Dutch company that has become an indispensable player in the global semiconductor industry. Founded in 1984, ASML has grown to become the world's leading manufacturer of photolithography systems, which are essential machines used in the production of integrated circuits or microchips. These microchips power everything from smartphones and laptops to cars and industrial equipment, making ASML a critical enabler of technological progress[2].