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Billionaire Philippe Laffont’s Coatue drops massive $655M bet in critical chip monopoly

THE STREET·May 19 ago·3 min read
Photograph via The Street
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There is only one company in the world that makes the machines needed to produce the world's most advanced semiconductor chips. One. No competition. No substitute. No workaround. That company is ASML Holding N.V. (ASML). And Philippe Laffont just bet $655 million on it. Coatue Management, according …

There is only one company in the world that makes the machines needed to produce the world's most advanced semiconductor chips. One. No competition. No substitute. No workaround. That company is ASML Holding N.V. (ASML). And Philippe Laffont just bet $655 million on it. Coatue Management, according …

There is only one company in the world that makes the machines needed to produce the world's most advanced semiconductor chips. One. No competition. No substitute. No workaround. That company is ASML Holding N.V. (ASML). And Philippe Laffont just bet $655 million on it. Coatue Management, according …

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