We just covered From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and ASML Holding N.V. (NASDAQ:ASML) ranks 11th on this list.
ASML Holding N.V. (NASDAQ:ASML) is a new addition to the 13F portfolio of Situational Awareness LP
The fund declared a new stake in the company in filings for the first quarter of 2026. This stake consists of PUT bets worth close to 375,000 shares. The firm provides lithography solutions for the development, production, marketing, sales, upgrading, and servicing of advanced semiconductor equipment systems.
The next leg of growth for ASML relies on customers like TSM, Intel, and Samsung transitioning to ultra-advanced High Numerical Aperture (High NA) EUV machines. Short-sellers argue that the staggering physical cost of these systems is hitting an economic brick wall. A single standard EUV machine from ASML Holding N.V. (NASDAQ:ASML) costs roughly $180 million to $200 million.