Lasertec Corporation

Lasertec dominates a corner of the chip industry that almost no one outside it has heard of: the machines that inspect the photomasks used to print circuits onto silicon. As chipmakers moved to extreme ultraviolet lithography, they needed tools that could find defects on EUV masks, and Lasertec is essentially the only company that makes them, giving it a near-monopoly on a critical step. The Yokohama firm, founded in 1960, runs a fabless model, designing the systems and outsourcing much of the manufacturing so it can pour money into research. That single-supplier position tied its fortunes to the EUV buildout at TSMC, Samsung and Intel, and the stock has swung hard on their spending plans. It is a small company by revenue with outsized importance to advanced chipmaking, which cuts both ways when semiconductor demand turns.

On MyRWA, LASERTEC trades tokenized across 3 on-chain venues - see the listings below.