NEW YORK , Nov. 17, 2024 (GLOBE NEWSWIRE) -- WHY: New York, N.Y., November 17, 2024. Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of ordinary shares of ASML Holding N.V. (NASDAQ: ASML) between January 24, 2024 and October 15, 2024, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 13, 2025. SO WHAT: If you ...

SAN DIEGO, Nov. 16, 2024 /PRNewswire/ -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and October 15, 2024, both dates inclusive (the "Class Period"), have until January 13, 2025 to seek appointment as lead plaintiff of the ASML class action lawsuit. Captioned City of Hollywood Firefighters' Pension Fund v. ASML Holding N.V., No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charge ...

NEW YORK, Nov. 16, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against ASML Holding N.V. (NASDAQ: ASML) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in ASML, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/asml-holding-nv. Investors have until January 13, 2025, to ask the Court to be appointed to lea ...

Core Viewpoint - A class action lawsuit has been filed against ASML Holding N.V. by shareholders who purchased shares between January 24, 2024, and October 15, 2024, alleging that the company misled investors regarding the severity of issues in the semiconductor industry and the pace of recovery in sales [1][2]. Group 1: Allegations Against ASML - The lawsuit claims that ASML failed to disclose the severity of issues faced by suppliers in the semiconductor industry, which were more severe than indicated [2]. - It is alleged that the recovery pace of sales in the semiconductor industry was much slower than publicly acknowledged by ASML [2]. - The complaint states that ASML created a false impression of having reliable information on customer demand and anticipated growth while downplaying risks from macroeconomic fluctuations and stronger export regulations [2]. - As a result of these actions, ASML's stock has significantly declined, harming investors [2]. Group 2: Legal Proceedings - Shareholders interested in serving as lead plaintiffs must submit their applications to the court by January 13, 2025 [3]. - Participation in the case is not required to be eligible for recovery; shareholders can remain absent class members if they choose [3]. Group 3: About Robbins LLP - Robbins LLP is a recognized leader in shareholder rights litigation, dedicated to helping shareholders recover losses and improve corporate governance since 2002 [4]. - The firm has obtained over $1 billion for shareholders since its inception [4].

Core Viewpoint - ASML Holding N.V. is facing a class action lawsuit due to alleged misleading statements made by executives regarding the company's growth potential and demand for its products during a specific class period, which has led to significant stock price declines following disappointing financial results [5][6][8]. Company Overview - ASML is a leading Dutch manufacturer of photolithography machines essential for semiconductor chip production, utilizing advanced lasers to create intricate circuits for modern electronics [3]. Financial Projections and Market Impact - In November 2022, ASML projected 2025 revenues between €30 billion and €40 billion, with a gross margin of 54% to 56% [4]. - The introduction of new export regulations by the Dutch government in March 2023 limited ASML's ability to sell to Chinese customers, a crucial market, effective September 2023 [4]. - Despite these restrictions, ASML experienced a surge in demand from China as chipmakers rushed to place orders before the limitations took effect, helping to mitigate the broader industry downturn in 2023 [4]. Lawsuit Details - The lawsuit claims ASML executives overstated the company's financial outlook for 2025, driven by anticipated growth in artificial intelligence and new semiconductor plants, while downplaying the impact of export restrictions [5]. Recent Financial Results - On October 15, 2024, ASML reported third-quarter financial results, revealing net bookings of €2.6 billion, a 53% decline from the previous quarter's €5.6 billion, and missed analyst expectations by €3 billion [6]. - ASML revised its 2025 revenue forecast down to €30 billion to €35 billion and adjusted gross margin expectations to 51%–53% [6]. Market Reaction - Following the release of disappointing financial results, ASML's stock price fell by 21.6%, from $872.27 on October 14, 2024, to $683.52 on October 16, 2024, a drop of $188.75 per share [8]. Future Expectations - ASML acknowledged a slower-than-expected recovery in the semiconductor industry, with an anticipated extended recovery period into 2025, and expected China's contribution to revenue to decline to about 20% in 2025 [7].

SAN DIEGO, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that the ASML class action lawsuit seeks to represent purchasers or acquirers of ASML Holding N.V. (NASDAQ: ASML) ordinary shares between January 24, 2024 and October 15, 2024, inclusive (the “Class Period”). Captioned City of Hollywood Firefighters’ Pension Fund v. ASML Holding N.V., No. 24-cv-08664 (S.D.N.Y.), the ASML class action lawsuit charges ASML and certain of ASML’s top current and former executives with violat ...

ASML Holding NV (NASDAQ:ASML) stock is on the rise today, up 4.7% at $705.14 at last glance, after the chipmaker reiterated its 2030 outlook amid the artificial intelligence (AI) boom. The company's goal is between €44 billion ($46.3 billion) and €60 billion ($63.4 billion) in annual revenue by that time, with a gross margin between approximately 56% and 60%. Today's pop has ASML further removing itself from a Nov. 6 52-week low of $654.77. The stock is also headed for its best day in almost two months whil ...

Group 1 - ASML's stock has experienced a 19% decline over the past few months due to a downward revision of the FY 2025 revenue outlook by management [1] - A discounted cash flow (DCF) model indicates that ASML's stock is currently 9% undervalued [1] Group 2 - The investor emphasizes the importance of balancing a portfolio with both high-growth opportunities and low-volatility dividend-paying stocks [2] - The analysis focuses on high-quality companies with reasonable valuations rather than seeking deep discounts, as excessively cheap stocks may have underlying issues [2]

ASML 2024 Investor Day Summary Company Overview - **Company**: ASML - **Event**: 2024 Investor Day - **Date**: November 14, 2024 - **Location**: Veldhoven, Netherlands Key Industry Insights - The semiconductor industry is projected to remain strong, with a market size of €1 trillion in 2022 and expected to maintain this size in 2024, but with a shift towards advanced logic and DRAM due to AI advancements [14][15] - AI is expected to significantly boost the semiconductor industry, with approximately 40% of the semiconductor business projected to revolve around AI by 2030 [32][33] - The industry requires major innovations to improve cost and energy consumption, particularly in logic and DRAM sectors [20][21] Technology and Product Developments - ASML emphasizes the importance of lithography in driving down costs and energy consumption, asserting that it will remain central to innovation in the semiconductor industry [22] - The company is focusing on EUV (Extreme Ultraviolet) technology, which is maturing and will be scalable for many years, providing customers with cost and energy efficiency [23][24] - Holistic lithography is highlighted as a key solution for improving product quality, flexibility, and time to market [17][18] - ASML plans to reduce the cost of EUV exposure by 30% by 2030 while also cutting emissions by 50% [60][62] Market Trends and Customer Focus - The demand for computing power is accelerating, particularly driven by AI, with a projected increase of 16 times every two years, compared to Moore's Law [40][41] - DRAM is identified as a bottleneck for AI, leading to a shift towards high bandwidth memory (HBM) and potential processing in memory architectures [51][52] - ASML's installed base is growing, leading to increased opportunities for service and upgrades, which are becoming a larger part of the business [26] ESG Commitments - ASML is committed to achieving greenhouse gas neutrality for scope 1 and scope 2 emissions by 2025 and is on track to meet this goal [104] Financial Outlook - The semiconductor industry is expected to remain profitable, with an EBIT of €865 billion in 2023, despite being a downturn year [35][36] - More than €500 billion is projected to be spent on R&D in 2024 to foster innovation within the industry [37] Conclusion - ASML is optimistic about the future, with a strong focus on innovation, customer partnerships, and sustainability initiatives, positioning itself to capitalize on the evolving semiconductor landscape driven by AI and advanced technologies [19][27]

Core Viewpoint - ASML has experienced a significant decline in stock price, approximately 40% from its all-time high, primarily due to a disappointing earnings report and reduced revenue guidance for 2025, presenting a potential buying opportunity for investors [1][3][5]. Company Overview - ASML holds a unique technological monopoly in the chip manufacturing industry, essential for producing advanced chips that support AI and computing power [2]. - The company is a critical player in the chip value chain, with its lithography machines being indispensable for chip manufacturers [2]. Financial Performance - ASML's stock is currently priced at $670, down from nearly $1,100 at its peak [3]. - Management has revised its revenue guidance for 2025 from a range of €30 billion to €40 billion down to €30 billion to €35 billion, which negatively impacted investor sentiment [5]. - For 2024, ASML projects revenue of €28 billion, indicating a growth range of 7.1% to 25% for 2025 based on the new guidance [10]. Market Dynamics - A significant portion of ASML's sales, 47% in Q3, came from China, but this is expected to normalize to around 20% by 2025 due to geopolitical factors and China's economic downturn [6][8]. - Export restrictions imposed by Western governments limit ASML's ability to sell its advanced machines to China, impacting future sales [7]. Future Outlook - Despite short-term challenges, ASML's long-term growth prospects remain strong, with management expressing confidence in the overall demand for chip capacity [9][12]. - The company is expected to benefit from the ongoing need for increased chip production capacity in the coming years, making it a potentially attractive investment [12].