(Image credit: ASML) Demand for wafer fab equipment has been proliferating in recent years, which is why fab toolmakers' revenues have also been setting records. As it turns out, last year, ASML became the world's largest maker of fab tools, dethroning Applied Materials, which was a leader for decades, as observed by analyst Dan Nystedt. While this is hardly competition and there are several reasons why ASML came first, it is a remarkable turn of events. ASML earned $29.83 billion in calendar 20...