Are ASML’s Days of Lithography Dominance Coming to An End? ASML and Canon Stock Analysis

ASML has a stranglehold (but not a total monopoly) on lithography equipment for semiconductor manufacturing. Japanese conglomerate Canon (CAJPY) is doubling down on competing advanced chipmaking equipment it originally acquired in 2014, and recently announced a new breakthrough it thinks could compete with ASML’s most advanced machines. Canon certainly wants to be more than a PR-driven player in this department, but ASML’s roots are deep in the chip supply chain. In this video, Chip Stock Investors Nick and Kasey discuss aspects of lithography that make ASML special, but how Canon’s nanoimprint lithography (NIL) machines could make some headway in the years to come. They also discuss how they’re handling ASML stock, given its elevated valuation and new risks that could emerge for the business. Chapters: 0:00 The Semiconductor Manufacturing Process 03:11 ASML & Canon In the Semiconductor Manufacturing Process 10:11 Photolithography vs Nano Imprint Lithography 15:59 What Happened to NI