What Makes ASML Holding N.V. (ASML) a Good Long-Term Holding?

What Makes ASML Holding N.V. (ASML) a Good Long-Term Holding?
Generation Investment Management focuses on long-term investments, avoiding high-risk companies. Their Global Equity Strategy had $25.7 billion in assets as of December 2024. Top pick in 2024 was ASML Holding N.V., a key player in the semiconductor industry.