As ASML tops Europe, questions about the ‘Winner’s Curse’ return

ASML Veldhoven campus 2024. Credits: ASML
ASML Veldhoven campus 2024. Credits: ASML
ASML shares took a hit last week, after the company had risen in January to become Europe’s largest listed company. That has once again fuelled the question of whether the Dutch chip-equipment maker has become too big, too loved and too expensive. But how convincing are those doubts, really?

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