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      "text": "In H1 2021, ASML posted €8.4B of net sales (up 45% compared to H1 2020) at a net income margin of 30%. The company also spent almost €1B in R&D (up 20%) in the same period to cement its technical leadership.\nThe company grew throughout the pandemic with no issues, largely fuelled by the global chip shortage, the acceleration of the digital infrastructure, the push for “technological sovereignty”.\nToday, ASML is worth $367B in public markets. This reflects 3x market cap growth since right before the pandemic.",
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