Layer 2 Video drops this coming week. Subscribe to get notified. Is your AI portfolio betting on the right layer of the pyramid? While retail investors chase chatbots and hype, Smart Money is buying the monopoly that powers the entire industry. In Part 1 of our "7 Layers of the AI Economy" series, we break down Layer 1: The Manufacturing Monopoly. We are looking at ASML (ASML)—the Dutch giant that builds the "EUV" lithography machines required to manufacture every advanced AI chip in the world. From the $380 million "High-NA" machines to the exclusive partnership with Carl Zeiss mirrors, we explain why ASML has a moat filled with sharks, lasers, and molten tin. If you want to understand the physics of the next decade of investing, you have to start here. Featured Benzinga Research & Analysis: ASML Price Prediction (2025-2030): benzinga.com/money/asml-stock-price-prediction The Monopoly Thesis (Forget Applied Materials): benzinga.com/markets/equities/25...