ASML Stock Recent News
ASML LATEST HEADLINES
That price target suggests upside of almost 15%. ASML's cutting-edge extreme ultraviolet lithography is well suited to handle the high demand for chips that can power artificial intelligence functionalities.
ASML's recent sell-off may cause some people to wonder if there are cracks in the chip industry. ASML is the only one in the world that has this technology.
Analysts on Wall Street often ask insightful questions that get companies to reveal critical information for investors.
ASML maintains dominance in semiconductor lithography, commanding over 90% of the market share. Expansion strategies focus on market growth alignment and profitability enhancement, evidenced by Q1 2024 earnings performance. Projections foresee steady market growth, driven by potential in Extreme Ultraviolet Lithography.
ASML has told investors that 2024 will be a year of transition.
Frenchman Christophe Fouquet takes the reins of Dutch chip giant ASML on Wednesday with a daunting to-do list, top of which will be steering business with China as semiconductors become a geopolitical battleground.
ASML Is Positioned For A Cyclical Upswing With EUV
Recently, Zacks.com users have been paying close attention to ASML (ASML). This makes it worthwhile to examine what the stock has in store.
ASML stock had a selloff in April, even though it has a monopoly on a critical specific type of chip manufacturing equipment. The company's customers could be gearing up for more purchases later in 2024 and 2025.
Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks, with a total of $950 billion erased from their market capitalizations.