$ASML(ASML.US) Technology is quite interesting. If you are the first to make a breakthrough or master a certain technology, you can enjoy the benefits for a long time. However, if competitors catch up or even surpass you, your position could be affected instantly. Nokia is a classic example. For tech companies, once they face changes like Nokia did, their past accumulations and advantages might vanish overnight. Tencent also seemed to sweat bullets before creating WeChat. Tech stocks—they thrive on technology and fall by technology.
Source: Bosi
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
