5 Most Valuable Dutch Companies in the World

1. ASML Holding N.V. (NASDAQ:ASML)

Market Capitalization as of October 10: $182.21 billion

With a market cap of over $180 billion as of October 10, ASML Holding N.V. (NASDAQ:ASML) is the most valuable company in the Netherlands.

Given ASML Holding N.V. (NASDAQ:ASML) makes cutting edge semiconductor production equipment that’s very difficult to replicate, the company has high barriers to entry and substantial earnings power. Given the decline in the market as well as the US China tensions that also involve semiconductor equipment sales, ASML Holding N.V. (NASDAQ:ASML) is down 47% year to date.

Baron Opportunity Fund said the following in its Q2 2022 letter about ASML Holding N.V. (NASDAQ:ASML):

“ASML Holding N.V. designs and manufactures semiconductor production equipment. It specializes in photolithography equipment, where light sources are used to photo-reactively create patterns on wafers that become printed circuits. ASML is the dominant leader across all types of lithography but, most importantly, is the only company selling equipment for extreme ultra-violet (EUV) lithography, the latest generation technology. Indeed, because of the stalling out of Moore’s Law, advanced lithography of larger and multi-patterned silicon chips has been critical for leading-edge chip manufacturing and continued improvement in semiconductor chip performance over time. The company is well positioned to continue growing above industry rates as it rapidly adds capacity across its entire business to meet rising industry demand, especially from leading-edge customers continuing to invest to stay ahead of their competitors and drive chip performance forward. Additionally, the introduction of high-NA EUV technology in the middle of the decade will add another leg to the growth opportunity.”

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