Coatue Management's Philippe Laffont Invests $655M in ASML, Citing Monopoly Position

Billionaire investor Philippe Laffont’s hedge fund Coatue has placed a significant $655 million bet on ASML Holding N.V. (ASML), the sole provider of extreme ultraviolet lithography machines critical for advanced chip manufacturing. The investment highlights ASML's monopoly in this niche and its importance to AI infrastructure demand.

By Mwangi Enos Tue, May 19, 2026 at 9:33 PM GMT+3 4 min read · Yahoo Finance · May 19, 2026, 18:33 UTC

Tickers: $ASML

Topics: AI infrastructure ASML EUV lithography hedge funds semiconductors

Read the full article at Yahoo Finance

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