ASML Holding N.V. (ASML) vs Palantir Technologies Inc. (PLTR)

ASML Holding NV is the global leader in semiconductor lithography systems, with an estimated 90% market share. Lithography is the process of using a light source to project circuit patterns from a photomask onto a semiconductor wafer. This technology enables chipmakers to pack more transistors into the same silicon area, and it has historically accounted for a significant share of the cost of producing leading-edge chips. ASML outsources the production of most components and primarily operates as an assembler. Its largest customers include TSMC, Samsung, Intel, SK Hynix, and Micron.

Palantir Technologies is an artificial intelligence, data analytics, and automated decision-making company that helps organizations improve efficiency through data-driven operations. It serves commercial customers through its Foundry platform and government clients through Gotham. Palantir works exclusively with organizations in Western-allied nations and maintains the right to decline engagements it views as contrary to Western values. Founded in 2003, the company became publicly traded in 2020.