ASML Holdings stock dropped after it reported a weaker market recovery than previously expected. In today's video, I discuss recent updates impacting the semiconductor market after ASML Holdings' (ASML 3.23%) earnings caused various stocks to drop. To learn more, check out the short video, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Oct. 18, 2024. The video was published on Oct. 19, 2024. ...

With over 7 years of experience in the buy-side, my investment philosophy is rooted in both fundamental bottom-up analysis and quantitative modelling. My forte lies in identifying perception gaps to capitalize on over-pessimism and excessive exuberance. My analysis will concentrate on unique trading opportunities influenced by the macroeconomic landscape and in-depth fundamental research on companies exhibiting signs of dislocation or potential perception gaps ripe for us to capitalize on. I aim to share my ...

Which of these semiconductor bellwethers is a better investment?ASML (ASML 3.23%) and Taiwan Semiconductor Manufacturing (TSM -2.46%), also known as TSMC, are both linchpins of the global semiconductor market. ASML is the world's largest producer of photolithography systems, which optically etch circuit patterns onto silicon wafers. TSMC, which uses ASML's systems to manufacture its chips, is the world's largest and most technologically advanced contract chipmaker.ASML is also the only producer of extreme u ...

Investment Rating - The report maintains a **Buy** rating for ASML (ASML O) with a target price of $950 for FY2025 based on a Forward PE of 36x [3][12] Core Views - **New orders fell short of expectations** in Q3 2024, with new orders totaling €2 64 billion, significantly below the expected €5 39 billion This was primarily due to delays in advanced process technologies by certain customers and the failure of HBM products to pass NVIDIA's testing, leading to postponed demand for lithography machines [3][11] - **AI related demand remains strong**, but the company revised its 2025 revenue guidance downward to €300 350 billion (from €300 400 billion) and lowered its gross margin guidance to 51% 53% (from 54% 56%) due to slower recovery in non AI demand and delays in customer processes [3] - **Long term upside potential** exists due to shifts in market share among foundries, with key customer TSMC expected to benefit from 2nm and more advanced processes, driving demand for advanced lithography equipment [3] Financial Performance - **Q3 2024 revenue** was €7 47 billion, up 12% YoY and 20% QoQ, exceeding consensus estimates of €7 20 billion Gross margin was 50 8%, in line with expectations, while GAAP net profit reached €2 08 billion, up 10% YoY and above consensus estimates of €1 91 billion [7] - **EUV shipments** in Q3 2024 were 11 units, below the expected 14 units, while ArFi shipments were 38 units, exceeding the expected 27 units EUV revenue was €2 07 billion, below the expected €2 64 billion, while DUV revenue was €3 73 billion, above the expected €2 87 billion [9] - **Backlog of orders** stood at €35 7 billion in Q3 2024, up 2% YoY but down 8% QoQ [3] Regional Performance - **China accounted for 47% of Q3 2024 revenue**, but this is expected to normalize to around 20% in the future Other regions included South Korea (15%), Taiwan (15%), the US (21%), and Japan (2%) [10] Market and Industry Insights - **Foundry competition** is shifting, with potential upside from market share redistribution among foundries TSMC is expected to maintain strong demand for advanced lithography equipment due to its leadership in 2nm and beyond processes [3] - **High NA EUV progress** is on track, and ArFi revenue (excluding China) is expected to grow YoY in FY2025 However, delays in advanced process technologies by some customers and the end of counter cyclical capacity expansion in China may lead to a YoY decline in China revenue for FY2025 [12]

The company is currently seeing weak orders for its semiconductor manufacturing machines.The world is awash in semiconductors. Companies are spending tens of billions of dollars to build new computer chips for the artificial intelligence (AI) boom. It is no surprise, then, that one of the leading equipment makers for semiconductors, ASML (ASML 3.23%), was up 40% year to date at one point recently.As of this writing, the company has given up all of these gains. Even though the narrative was for insatiable de ...

公 司 点 评 报 告 投资要点 ＃summary＃ 2024Q3 业绩好于预期，但新增订单大跌。ASML 2024Q3 收入 74.67 亿欧元 （YoY+11.9％,QoQ+19.6％），高于一致预期的 72.08 亿欧元，公司 2024Q3 净利润 20.77 亿欧元（YoY+9.7％,QoQ+31.6％），高于一致预期的 19.13 亿 欧元，2024Q4 收入指引 88-92 亿欧元，一致预期为 87.51 亿欧元。订单方面， 公司季度新增订单规模 26.33 亿欧元（YoY+1.2％,QoQ-52.7％），低于一致 预期的 58.96 亿欧元，其中 14 亿欧元为 EUV 订单，季度末公司累计订单规 模 360 亿欧元（上季度为 390 亿欧元）。 | --- | --- | |------------------------------------|--------------------------------------| | ＃市场 ma 数 rk 据 etData ＃ | | | 日期 | 2024-10-17 | | 收盘价（美元） | 700.60 | | 总股本（百万股） | 39 ...

Investors in ASML Holding N.V. (NASDAQ: ASML ) got some bad news this week after the chip-machine manufacturer reported worse-than-anticipated results for its third quarter and curtailed its sales forecast for 2025. The company’s stock plunged 16% on its first day, andA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the bigge ...

This sell-off looks like a great buying opportunity.As almost every investor knows by now, artificial intelligence (AI) has been driving the current bull market since its start in 2023.The launch of OpenAI's ChatGPT has set off a new arms race in the industry, and generative AI technology could be as transformative as the internet. While stocks with exposure to artificial intelligence, like the semiconductor sector, have generally done well, some stocks have done better than others.Nvidia, for example, just ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have a beneficial long position in the shares of ASML, NVDA, TSM either through stock ownership, options, or other derivatives. I wrote this a ...

Many investors are curious about ASML stock after the price dropped by roughly 20%.Investors should evaluate several important factors from ASML's (ASML 3.23%) latest results before jumping in to buy the dip.*Stock prices used were the afternoon prices of Oct. 15, 2024. The video was published on Oct. 17, 2024. ...