These world-class businesses have massive advantages and show no signs of slowing down.The key to successful investing is to buy the right stocks at the right price and hold them for the long term, allowing the businesses to grow and the stock price to rise. This is an obvious statement, but it is easier said than done. Because we can't know the future, buying the right stocks is always going to be left somewhat to chance. That said, there are characteristics to look out for before clicking the buy button.B ...

The company has taken quite a few hits to its shares after reporting first-quarter results.Until very recently, it seemed that ASML (ASML 2.04%) stock would continue to defy gravity. Investors kept piling into the stock of the semiconductor equipment specialist as they thought it would ride the hot technology of our day -- artificial intelligence (AI) -- to ever-greater heights.But then came the company's first-quarter earnings report in mid-April. Currently in the midst of a strategic transition, ASML repo ...

ASML is a key supplier for all chip manufacturers.ASML (ASML 1.14%) probably ranks among the most essential companies in the world today, yet few people know what they do. Part of this stems from being headquartered in the Netherlands rather than the U.S., but that doesn't excuse investors from not knowing about it, especially since its market cap places it among the top 30 largest companies in the world. ASML recently had a sizable sell-off and fell 10%. Given how vital ASML is to essentially all electroni ...

HUNG CHIN LIU/iStock via Getty Images Thesis In my previous article about ASML Holding N.V. (NASDAQ:ASML), I rated the stock as a "strong buy" citing that my estimated upside for the stock ranged from 16.8% to 21.5%, which means a present fair price per share ranging from $984.44 to $1,124.65. In Q1 2024 earnings, ASML reported earnings of €3.11 per share, which topped estimates. However, revenue came out at €5.3B, which indicates a 20% Y/Y slip in sales. This caused the stock to sink by 11%, which complete ...

Finding chances for investment development is crucial for investors looking to optimize their returns in the always-changing stock market environment. Three exceptional enterprises have surfaced as possible engines of substantial profits in the face of market and economic volatility.To begin with, the first has established itself as a pioneer in innovation, being a top supplier of metal payment cards. The firm expanded its product line and enhanced its competitive advantage by launching innovative items. Th ...

ASML discloses 2024 AGM results Veldhoven, the Netherlands, April 24, 2024 – ASML Holding N.V. (ASML) today announces the results of its Annual General Meeting (AGM) held on April 24, 2024. The 2024 AGM marks the end of the terms of Peter Wennink and Martin van den Brink as Presidents of ASML and the beginning of Christophe Fouquet's term as President and CEO of ASML. At the AGM, ASML's statutory financial statements for the 2023 financial year were adopted. In addition, the following items were approved: P ...

Financial Data and Key Metrics Changes - In 2023, ASML achieved total revenue of €27.6 billion, a 30% increase compared to the previous year, despite the semiconductor industry experiencing an 8% decline [15][17] - The gross margin improved to 51.3%, with net income reported at €7.8 billion and net bookings at €20 billion [17][25] - The company returned €3.3 billion to shareholders, including €2.3 billion in dividends and €1 billion in share buybacks [18][37] Business Line Data and Key Metrics Changes - The Logic business saw substantial growth, increasing from approximately €10 billion in 2022 to nearly €16 billion in 2023, driven by demand for advanced logic and mature technologies [18][20] - EUV technology sales grew by 30%, while DPV sales surged by 60%, indicating strong demand for immersion technology [17][18] - The applications business experienced a slight decline, attributed to its shorter lead time and lack of significant backlog [18] Market Data and Key Metrics Changes - ASML's sales in China increased significantly, rising from 14% to 29% of total sales, reflecting the company's ability to meet previously unmet demand in the region [21] - The company noted that the semiconductor market is expected to grow from €600 billion to around €1 trillion by 2030, indicating a robust long-term outlook for the industry [55] Company Strategy and Development Direction - ASML is preparing for significant growth in 2025, viewing 2024 as a transition year with expected revenue levels similar to 2023 [32][33] - The company is focused on building capacity and hiring talent to meet anticipated demand, particularly in advanced technologies [33][56] - ASML emphasizes the importance of sustainability and ESG initiatives, aiming for net-zero greenhouse gas emissions by 2040 [59][64] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the current downturn in the semiconductor industry but expressed confidence in a recovery, citing improved customer dynamics and tool utilization [34][35] - The company expects a stronger second half of 2024, driven by a healthy order intake and improved market conditions [34][36] Other Important Information - ASML's R&D expenditure reached €4 billion in 2023, reflecting the company's commitment to innovation and technology development [25][30] - The company reported a healthy cash balance of around €7 billion, providing resilience amid industry challenges [26] Q&A Session: All Questions and Answers Question: Impact of US Government Restrictions on Advanced DUV Machines - Management indicated that the restrictions would not significantly affect the 2025 or 2030 financial targets, as the impact is limited to specific factories under export control [80][89] Question: China's Advancements in DUV Technology - Management clarified that while China can technically achieve 5nm chips using multi-patterning, the economic feasibility for high-volume manufacturing remains a challenge [91][92] Question: Adoption of High NA EUV Technology - Management expressed confidence in the adoption of high NA EUV technology, noting that initial customer interest is strong, and the adoption will be gradual [94][96] Question: Free Cash Flow and Backlog Recovery - Management acknowledged that free cash flow is under pressure due to lower contract liabilities but expects a recovery in backlog as orders return [82][104] Question: Expansion Potential in Eindhoven - Management confirmed ongoing discussions with the Dutch government regarding expansion plans and emphasized the need for a supportive investment climate [83][102]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: ASML employs around 42,000 in the world. 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's strategic importance in manufacturing machines to make ultra-thin ...

CasarsaGuru ASML (NASDAQ:ASML) reported a continuation of the cycle downturn for q1’24 with anticipation of a continued decline into eq2’24 before realizing an upswing in the back half of the year. As the semiconductor manufacturing industry shifts production to more advanced chip nodes, transitioning to EUV is highly anticipated to cater to the demand. With both Intel (INTC) and Taiwan Semiconductor (TSM) receiving financing through the CHIPS Act to build new advanced node chip foundries in the US, I e ...

One of the "most important companies in the world" just got smashed on semiconductor manufacturing concerns.Shares of top lithography equipment maker ASML Holding (ASML 1.46%) took a steep tumble after earnings in mid-April, halving what was a heady 30% run-up in the first few months of 2024. ASML is still sporting big gains so far during the new bull market, but some investors are nevertheless suddenly concerned about the company's financial outlook.ASML is the sole provider of EUV (extreme ultraviolet) li ...