semiconductors 1 post

• AI Chip War - ASML Is the Arms Dealer, Not the Combatant
  18 May 2026  ·  ASML ASML.AS semiconductors
  Cerebras IPO'd at 133x revenue last week. NVIDIA trades at 25x. ASML - the Dutch monopolist whose machines manufacture every advanced chip in the race - trades at 16x. The supply chain arithmetic is hiding in plain sight.