Chips & Wafers Weekly Update
So ASML's monopoly is priced in, just like Visa an mastercard's, spgi, etc for the last 10 years.
I'll take it.
Also, how is tsm not a monopoly since a few good years?
A market monopoly is defined as such:
A monopoly is a market structure characterized by a *single* seller or producer that dominates an industry.
None of the examples noted are monopolies, not to mention can act differently than ASML since they are not semi companies.
TSMC by definition is not a monopoly. It has leading edge competition from Samsung and Intel, yet manages to outmaneuver them every time.
That is harder to price in because it can (and does) change.
Hope that was helpful
So ASML's monopoly is priced in, just like Visa an mastercard's, spgi, etc for the last 10 years.
I'll take it.
Also, how is tsm not a monopoly since a few good years?
A market monopoly is defined as such:
A monopoly is a market structure characterized by a *single* seller or producer that dominates an industry.
None of the examples noted are monopolies, not to mention can act differently than ASML since they are not semi companies.
TSMC by definition is not a monopoly. It has leading edge competition from Samsung and Intel, yet manages to outmaneuver them every time.
That is harder to price in because it can (and does) change.
Hope that was helpful