BHI 3.0·Q1 2026 Bulletin
Last computed 14:32 UTC, Apr 29 2026·Spearman ρ = 0.83·Validation: preliminary
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Movers · since 14:32 UTC, Apr 29 2026
PLATFORM PROFILEASML

ASML

$260BSole EUV manufacturerBig Tech & Semiconductors
9.62
B-index (V3.1)
BLACK HOLE
Capture1.648
Escape0.171
Key Structural Insight

ASML makes the machine that makes the machines. p=10, s=1, h=1. Deepest infrastructure lock-in on Earth.

Eleven-Parameter Profile

5DATAMEMACTPROCNETCLOSEPORTSUBFALLORGMOM
Data Depth6/10
Memory8/10
Action9/10
Process10/10
Network7/10
Closeness7/10
Portability1/10
Substitutability1/10
Human Fallback1/10
Org Depth9/10
Momentum6/10
Capture Escape Extended

V3.1 Decomposition

ComponentValueFormula
CES₄ capture core0.8180CES(d, m, a, p)
Knowledge synergy σₖ0.6928√(d · m)
Operability synergy σₒ0.9487√(a · p)
Synergy boost1.24621 + 0.3·(σₖ + σₒ)/2
Org-depth multiplier1.45001 + 0.5·o
Momentum multiplier1.18001 + 0.3·t
Total Capture1.6483c·(1+0.5n)·core·syn·org·mom
CES₃ escape core0.1000CES(x, s, h)
Feedback attenuation0.7137max(0.3, 1 − 0.35·core)
Total Escape0.1714ε + escCore · feedback
B = Capture / Escape9.621.648 / 0.171

Scoring Rationale

Only EUV lithography manufacturer in the world. 30+ years R&D, thousands of patents. Without ASML, no chips below 7nm. Even TSMC depends entirely on ASML equipment.

Parameter Sensitivity

MARGINAL B-INDEX CHANGE PER ±1 SCORE SHIFT
PORT1
-3.95
SUB1
-3.95
FALL1
-3.95
CLOSE7
+2.75
DATA6
+0.94
MEM8
+0.79
ACT9
+0.78
NET7
+0.71
ORG9
+0.66
MOM6
+0.49
PROC10
+0.37
+ raises B (deepens lock-in) lowers B (aids escape)

Comparable PlatformsBig Tech & Semiconductors (7 peers)

#PlatformTickerB-indexZone
01TSMCTSM10.91BLACK HOLEProfile →
02AmazonAMZN8.40BLACK HOLEProfile →
03NVIDIA (CUDA)NVDA8.29BLACK HOLEProfile →
04MicrosoftMSFT6.64BLACK HOLEProfile →
05MetaMETA5.22BLACK HOLEProfile →
06AppleAAPL5.22BLACK HOLEProfile →
07Alphabet/GoogleGOOG4.62BLACK HOLEProfile →