​ASML Holding N.V. (NASDAQ:ASML) is one of the Best Non-US Stocks to Buy According to Hedge Funds. ASML Holding N.V. (NASDAQ:ASML) has surged more than 32.86% and Wall Street maintains a positive outlook, suggesting further upside. ​Recently, on December 11, Bernstein analyst David Dai CFA maintained a Hold rating on the stock with a €800 price target. Earlier, on December 3, Didier Scemama from Bank of America Securities reiterated a Buy rating on the stock and also raised the price target from $1,092 to ...

Core Viewpoint - ASML's stock has reached a record high, reflecting strong performance driven by the AI market, despite facing challenges in China [1][6]. Group 1: Company Overview - ASML is the largest producer of lithography systems, essential for etching circuit patterns on silicon wafers, and the sole producer of extreme ultraviolet (EUV) lithography systems [3]. - The company's EUV systems, costing between $200 million and $400 million, are utilized by leading foundries like TSMC, Samsung, and Intel for advanced chip production [4]. Group 2: Market Position and Challenges - ASML's monopoly on critical chipmaking technology positions it as a key player in the semiconductor market, but it faces restrictions on selling EUV systems to Chinese manufacturers since 2019, with increasing pressure on advanced DUV system sales [5]. - Despite a slowdown in growth in China, which accounted for 41% of net system sales in 2024, the expansion of the AI market has led to increased orders from non-Chinese customers [6]. Group 3: Financial Performance - In 2023, ASML's sales grew by 30%, gross margins expanded, and earnings per share (EPS) increased by 41%, driven by the growth in high-performance computing, cloud, data centers, and AI markets [10]. - The transition from low-NA to high-NA EUV systems is expected to significantly enhance revenues and margins in the coming years [7].

兄弟姐妹们啊，周五泰勒在香港拍了一天的视频，今晚回到深圳继续写稿，现在先关注一下晚间海外市场的表现。 科技股继续反弹 12月19日晚间，美股三大指数大涨，道指涨超200点，纳指涨近1%。 | 3 | | 140 | 100 | | --- | --- | --- | --- | | 48221.74 | Agentantes | 中国政府市政府市立法市 23194.06 | 6819.27 | | 道琼斯指数 +0.56% | | 纳斯达克综合指数 +0.82% | 标普500指数 +0.66% | 大型科技股带头反弹，投资者一边防着创纪录规模的期权到期可能引发的剧烈波动，一边重新押注风险资产。 超大盘股中，英伟达领涨，甲骨文大涨7%。过去几天，人工智能概念股的波动明显加剧。市场在重新评估美联储后续降息空间 的同时，股指也出现了较大幅度的来回拉扯。 | 了 筛选 | | 最新价 = | 涨跌幅 = □' | | --- | --- | --- | --- | | Sandisk Corporation | | 234.86 | +7.02% | | US SNDK | | | | | 甲骨文 | | 192. ...

【导读】科技股大涨，俄罗斯降息50个基点 中国基金报记者 泰勒 兄弟姐妹们啊，周五泰勒在香港拍了一天的视频，今晚回到深圳继续写稿，现在先关注一下晚间海外市场的表现。 科技股继续反弹 12月19日晚间，美股三大指数大涨，道指涨超200点，纳指涨近1%。 大型科技股带头反弹，投资者一边防着创纪录规模的期权到期可能引发的剧烈波动，一边重新押注风险资产。 超大盘股中，英伟达领涨，甲骨文大涨7%。过去几天，人工智能概念股的波动明显加剧。市场在重新评估美联储后续降息空 间的同时，股指也出现了较大幅度的来回拉扯。 | 了 筛选 | | 最新价 = | 涨跌幅 = □' | | --- | --- | --- | --- | | Sandisk Corporation | | 234.86 | +7.02% | | us SNDK | | | | | 甲骨文 | | 192.49 | +6.92% | | us ORCL | | | | | 美光科技 | | 262.98 | +5.81% | | us MU | | | | | 美国超威公司 | | 210.22 | +4.55% | | US AMD | | | | | ...

正如报道所示，消息人士称中国政府目标是在2028年前生产使用该原型机的实用芯片，尽管2030年被视 为更现实的目标。原型机的存在表明，中国距离半导体自给自足可能比此前预期的更近数年。 报道援引消息人士称，原型机于2025年初完成，目前正在进行测试。报告补充说，虽然该机器已运行并 具备极紫外光的能力，但尚未生产出可工作的芯片。 据报道，前ASML工程师参与了EUV项目 报道援引消息人士称，该原型机由前ASML工程师开发，他们在使用化名工作以保持机密的情况下逆向 工程极紫外飞行设备，补充说，没有他们深厚的第一手专业知识，这项工作几乎不可能完成。 中国朝向国 产紫外真空 能力的漫长进程似乎正在缩小，近期发展显示进展速度超乎预期。据路透社报道，消息人士称中国已组 装了一台使用旧ASML系统组件的EUV原型机。 报告指出，华为已派遣员工到全国各地的办公室、晶圆厂和研究中心，以支持该项工作。据报道引用的 消息人士透露，分配给该项目的员工常常在工作日内留在现场，且由于工作敏感性，回家时受到限制， 电话访问也受限。 当前原型的局限性 虽然中国已开发出EUV原型，但报告指出其技术远不及ASML系统先进。原型机具备测试功能，但中 ...

这台光刻机没有采用清华大学研发的基于粒子加速器的 稳态微聚束(SSMB)技术，也没有使用哈尔滨工业大学开 发的放电等离子体(DPP)技术，而是和ASML Twinscan NXE系列光刻机相同的激光等离子体(LPP)技术，可产生 波长为13.5纳米的极紫外光。 据外媒报道，中国一家秘密实验室已经悄然组装出第一台EUV极紫外光刻系统的原型机，是通过逆向 工程ASML现有的光刻机产品而来的，正处于秘密测试阶段，计划2028年试产原型芯片。 报道指出，中国版EUV光刻机的体积显著大于ASML同 类产品，但已经具备极紫外光的生成能力，只是尚未能 制造出可用芯片。中国EUV光刻机的研发团队由前 ASML工程师和应届大学毕业生组成，不仅聘请了 ASML中国分公司的前员工，还吸纳了ASML在美国、 欧洲、中国台湾的前雇员。 关键瓶颈在于，中国仍无法复刻出ASML的高精度光学系统，甚至无法将极紫外光精准投射到晶圆上， 更谈不上完成光刻成像。 消息称， 视频截图开始录制 这一EUV光刻机原型是2025年初在深圳一处安保严密的设施内组装完成的，几乎覆盖了整个厂房。 消息称， 这一EUV光刻机原型是2025年初在深圳一处安保严密的 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 超亮、高效的自由电子激光器（FELs）有望提供更高的功率，提升吞吐量并将光刻技术扩展至亚纳米尺度 。 当半导体器件特征尺寸逼近原子量级，行业最先进的生产设备——ASML NXE和EXE极紫外光刻机正面临光子 技术瓶颈。自由电子激光器采用相对论电子束产生比传统激光亮数百万倍的光源，有望以半数能耗实现四倍功 率输出。本文深入解析FEL技术原理，探讨其如何破解当前光刻瓶颈，并为迈向亚纳米工艺节点铺平道路。 追逐摩尔定律，迈向原子尺度 试想用电线杆粗细的巨笔书写姓名——这正是现代半导体制造在摩尔定律驱动下面临的精度挑战。 1965年，戈登·摩尔提出，晶体管密度大约每两年翻一番。这一预测几十年来一直是半导体行业的基准与自我 实现的预言，塑造了行业的发展轨迹。1970年，每块芯片仅包含上千个晶体管；如今，单块芯片的晶体管数 量已超过1000亿，部分实验性器件甚至实现了超过1万亿个晶体管的集成。 要维持这样的发展速度，需要实现重大的技术突破，其中最具挑战性的莫过于极紫外光刻技术。该技术的工作 波长为13.5纳米（是此前深紫外技术波长的1/10），是实现近原子尺度半导体特征的关键。 ...

Core Viewpoint - China's development of its own extreme ultraviolet (EUV) lithography machine could significantly enhance its technological position in the ongoing rivalry with the United States, particularly in the semiconductor sector [1][3]. Group 1: Development of EUV Technology - A prototype EUV lithography machine has been built by a team of former engineers from ASML, utilizing parts from older ASML machines acquired from secondary markets [2]. - The Chinese government aims to produce advanced integrated circuits using this EUV technology by 2028, although insiders suggest a more realistic target may be 2030 [5]. Group 2: Geopolitical Implications - If successful, China's mastery of EUV technology could greatly increase its geopolitical leverage over the US, particularly in defense applications [3][4]. - The advancement in EUV technology is seen as a critical factor in the US-China tech war, indicating that China is moving closer to semiconductor self-sufficiency ahead of Western expectations [3]. Group 3: Importance of EUV Systems - EUV systems are essential for producing powerful chips at 3-nanometer and smaller process nodes, which are crucial for advanced semiconductor applications [6].

Group 1 - The US stock market saw a collective rise on December 18, with major technology stocks performing well, particularly the Trump Media Technology Group, which surged by 41.93% after announcing a merger agreement with TAE Technology [1][2] - Tesla's stock increased by over 3%, adding approximately $53.6 billion (around 377.4 billion RMB) to its market capitalization [2] - The merger between Trump Media Technology Group and TAE Technology will be executed through an all-stock transaction, with both companies' shareholders expected to own about 50% of the combined entity post-merger [2] Group 2 - The latest data from the US Bureau of Labor Statistics indicated that the Consumer Price Index (CPI) for November rose by 2.7% year-on-year, which was lower than the market expectation of 3.1% [4] - The core CPI, excluding volatile food and energy prices, increased by 2.6%, marking the lowest level since early 2021 and also below the anticipated 3% [4] - Following the CPI report, there was a slight increase in the likelihood of the Federal Reserve lowering interest rates in January, with traders estimating a 28.8% chance of a 25 basis point cut, up from 26.6% prior to the inflation data release [4] Group 3 - Goldman Sachs' global co-head of fixed income and liquidity solutions, Kay Haigh, stated that the low inflation data would not impact the Federal Reserve's decision-making, as they are more focused on the December CPI data set to be released in mid-January [5]

Market Overview - The US stock market saw all three major indices close higher, with the Dow Jones Industrial Average rising by 65.88 points (0.14%), the Nasdaq increasing by 313.04 points (1.38%), and the S&P 500 gaining 53.33 points (0.79%) [4] - Micron Technology's stock surged by 10.2% following strong earnings, contributing to the overall market uplift [6][11] Economic Indicators - The US Consumer Price Index (CPI) for November showed a year-over-year increase of 2.7%, below the expected 3.1%, while the core CPI rose by 2.6%, marking the lowest growth rate since 2021 [6] - Fundstrat noted that the moderate CPI data reinforces the Federal Reserve's focus on protecting the job market, suggesting that a "Fed put" is in place to support the stock market in case of economic downturns [6] Technology Sector - Major technology stocks experienced collective gains, with Tesla rising over 3%, Amazon and Facebook increasing by over 2%, and Google and Nvidia close to 2% [7] - A total of 24 leading AI companies, including OpenAI, Microsoft, Nvidia, and Amazon Web Services, have agreed to join the US government's "Genesis Mission" initiative aimed at enhancing AI applications in scientific discovery and energy projects [9] Semiconductor Industry - Micron Technology reported strong demand for its memory chips, exceeding market expectations for the first fiscal quarter [11] - The company anticipates that the total addressable market for high-bandwidth memory chips will reach $100 billion by 2028, with a compound annual growth rate of 40% [13] - Other semiconductor stocks also saw gains, with TSMC rising nearly 3% and ASML increasing by over 2% [14] - Morgan Stanley predicts that semiconductor stocks will continue to be one of the best-performing sectors in the US market next year, highlighting Nvidia, Broadcom, and Astera Labs as top picks [14]