glimmero
10-22

$ASML Holding NV(ASML)$

ASMl does not sell new equipment to a customer very frequently as they are expensive and quite durable. Specially new machines are very capable with very high yield. Their business model is of razor/razor blade kind. So more revenue can be generated without selling new machines also. Can they disappear in short term. No, not possible. They are good for long term investments as far as they maintain the technical edge.

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