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ASML seen benefiting from TSMC use of advanced chip technology

UBS analysts said ASML Holding is poised to benefit from TSMC plans to use high numerical aperture technology to make advanced semiconductors toward the end of the decade.

ASML

's plans to use its high numerical aperture technology to make advanced semiconductors toward the end of the decade, UBS analysts wrote in a note to clients. They said the move provides important validation of the commercialization timeline.