ASML, the Obscure Powerhouse at the Cutting Edge of Chip Technology

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Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

This year has brought fresh awareness to the complexity of the semiconductor supply chain. Taiwan Semiconductor, the big manufacturer, has become a household name. But there's another giant that hardly anyone outside of the chip industry has heard of. ASML is a Dutch company that's at the cutting edge of Extreme Ultraviolet Lithography — the most advanced technology for reliably printing transistors onto a chip. If you want to produce the most advanced chips, you must buy equipment from ASML. But what do they do and how did they come to occupy this position? On this episode we speak with Chris Miller, an Assistant Professor at the Fletcher School at Tufts University, and the author of a forthcoming book about the semiconductor industry, about the company, where it came from, and the unique spot it occupies on the world stage.

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