European semiconductors are not just ASML. BE Semiconductor is a top 1% stock globally by the combination of business growth and stock price growth.

$BESI is a Dutch company and one of the world's leading manufacturers of semiconductor assembly and packaging equipment.

The company produces equipment for the final stages of chip manufacturing, including hybrid bonding - a critical technology for 3D stacking of HBM4 memory and chiplets for AI infrastructure.

Revenue growth this year: +46% (forecast). Gross margin >63%, significantly above peers.

ASML and BESI operate at opposite ends of the chip manufacturing process. ASML is the "architect" that creates circuit patterns on silicon wafers through lithography. BESI is the "finisher" that takes completed dies and assembles/packages them into finished chips.

BESI is significantly smaller in size, which gives it greater growth potential in percentage terms.