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The Dutch chipmaking equipment giant's monopoly on EUV lithography has turned it into Europe's most valuable company, with implications that ripple well beyond traditional tech.
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A Dutch company that most people outside the tech industry couldn’t name a decade ago just became the most valuable public company in European history. ASML Holding has crossed the $700 billion market capitalization threshold, a milestone no European-listed firm has ever reached.
To put that number in perspective, $700 billion is roughly double the GDP of Finland. And it belongs to a company that makes exactly one thing: the machines that make chips.
