The European stock mentioned in the articles, with the potential to rise to the Trillion-Dollar Club by 2030, is ASML. The Dutch company is the world’s leading provider of lithography systems for the semiconductor industry and plays a key role in the production of modern chips.
Background on ASML
- Technological Advantage: ASML holds a monopoly on EUV lithography machines (Extreme Ultraviolet), which are essential for the production of 5nm and smaller chips.
- Market Position: The demand for high-performance chips for AI, cloud computing, and IoT drives the business. ASML’s clients include TSMC, Samsung, and Intel.
- Stock Price Development: Despite current order declines, long-term growth is expected as semiconductor manufacturers expand their capacities.
Comparison with Nvidia & Apple
| Aspect | ASML | Nvidia/Apple |
|---|---|---|
| Industry | Semiconductor Equipment | AI Chips / Consumer Tech |
| Market Cap | ~€350 billion (as of 2025) | >$2 trillion (Nvidia: ~ $2 trillion) |
| Growth Drivers | EUV Successor Technologies | AI Hardware / Services |
Risks & Opportunities
- Opportunities:
- Planned EU subsidies for chip factories could increase demand for ASML machines.
- New technologies like High-NA EUV (from 2025) promise higher margins.
- Risks:
- Trade conflicts between the USA and China could disrupt supply chains.
- Competition from alternative lithography methods (currently not foreseeable).
Other European Candidates in Focus
Although not directly mentioned, Rheinmetall is also highlighted as a “top pick” in other articles:
- Rheinmetall benefits from the European armaments boom with price targets up to €1,800.
- However, the market capitalization is significantly below one trillion USD (~€20 billion as of April 2025), which makes an ascent by 2030 unlikely.
For investors, ASML remains the most promising European candidate for entry into the Trillion-Dollar Club – provided that semiconductor demand remains consistent and political risks remain manageable.
Note: The forecasts are based on analyst assessments and are subject to market risks. Individual sources also refer to general megatrends such as AI or armaments technology as investment criteria.