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Don't we consider ASML a tech giant? A spin-out of Philips btw, as is NXP for example. Edit: Should have watched the movie first. To answer my question: I gues
by teekert 4y ago
Don't we consider ASML a tech giant? A spin-out of Philips btw, as is NXP for example.
Edit: Should have watched the movie first. To answer my question: I guess we don't. And, it's electronics not tech indeed, otherwise it could have included Siemens for example.
- wkat4242 4y agoIt's very important in the tech market but as a company it's not a giant.
- seper8 4y agoLol. Has a market cap of twice that of netflix but not a giant? Where do you draw the line?
- hef19898 4y agoPublic perception and whether or not they pay FAANGM salaries? Just a wild guess.
- seper8 4y agoThey absolutely do pay these salaries and for anyone aware of what asml does the public perception is very positive...
- paganel 4y agoASML is a geo-political play. When the Chinese will be able to duplicate what ASML is doing its share price will go back to "normal", i.e. to 8 to 10 times less what it is today (that was the level until relatively recently).
- seper8 4y agoWhen indeed.
- illiarian 4y ago30 000 employees 21 billion euros revenue, 5.6 billion net income, 50% gross margin 224 billion euro market cap Not a giant.