1. ASML Holding has a near monopoly in EUV lithography machines, crucial for advanced semiconductors and AI data centers, driving its stock up 215% from late 2022 to July 2023. 2. The stock recently corrected by 40%, presenting a potential buying opportunity due to oversold conditions and stabilization. 3. Despite the drop, ASML remains in a strong market position with strong sales and profitability growth prospects.