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ASML is a Dutch multinational corporation that specializes in the development and manufacturing of photolithography machines used in the semiconductor industry. The company's machines help chipmakers mass produce patterns on silicon, making computer chips smaller, faster, and more energy-efficient. ASML is the world's largest supplier of lithography machines and holds a monopoly position in the market, giving it solid pricing power. The company was founded in 1984 and has grown to become a key player in the semiconductor industry. ASML's stock price and market cap demonstrate its strong position in the market. The company has faced restrictions on exporting its tools to certain countries, such as China, due to government regulations. Overall, ASML plays a crucial role in advancing technology and driving innovation in the semiconductor industry.