This 'quasi monopoly' chip stock will drive AI trend for the next decade, says fund manager – CNBC

European semiconductor stock ASML is in a “near-quasi-monopoly position” to drive the development of artificial intelligence over the next decade, according to fund manager Marcus Morris Ayton. ASML is a $380 billion Dutch company that is also listed in the U.S. and makes the machines needed to make the world’s most advanced semiconductors. Customers include […]