Better-than-expected results from memory chip specialist Micron provided fresh evidence the adoption of AI still has room to run.There's been an increased focus on the semiconductor industry since early last year. Investors have been enthusiastic about recent developments in the field of artificial intelligence (AI), which has sparked a flurry of activity in the space. These powerful algorithms are highly dependent on hardware that features the most advanced processors, which has buoyed much of the sector. ...

ASML Holding’s (ASML) shares have rallied 42.4% in the past year, outperforming the Zacks Semiconductor Equipment-Wafer Fabrication industry’s return of 41.2% and the S&P 500 index’s gain of 33.5%. ASML has been benefiting from its growing investments in advanced technologies, expanding its footprint in the memory market and increasing design wins. Its strong positioning in the semiconductor industry, which has been staging a solid rebound on the growing demand for artificial intelligence (AI), is a major p ...

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Shares of Micron jumped nearly 15% in after-hours trade in the U.S. on Wednesday.Micron forecast revenue for its quarter ending at the end of November of $8.7 billion, plus or minus $200 million, ahead of estimates of $8.28 billion, according to LSEG data.Global chip stocks rallied on Thursday after U.S. memory semiconductor maker Micron posted revenue guidance that topped expectations and boosted its share price.Its bigger rivals Samsung Electronics and SK Hynix both saw their shares rise on Thursday in So ...

In the latest trading session, ASML (ASML) closed at $818.18, marking a +0.51% move from the previous day. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow saw a downswing of 0.7%, while the tech-heavy Nasdaq appreciated by 0.04%.Coming into today, shares of the equipment supplier to semiconductor makers had lost 8.53% in the past month. In that same time, the Computer and Technology sector gained 0.73%, while the S&P 500 gained 1.95%.The investment community wi ...

AI stocks still have a lot of room to run.Despite some concern about a bubble in the artificial intelligence (AI) sector, AI stocks are once again climbing near all-time highs following the Federal Reserve's decision to lower benchmark interest rates.One measure of AI stocks, the VanEck Semiconductor ETF, an exchange-traded fund (ETF) that counts Nvidia, Taiwan Semiconductor Manufacturing, and Broadcom as its top three holdings, is up 10% from two weeks ago, though it's still down 16% from its peak in July. ...

ASML (ASML) ended the recent trading session at $804.06, demonstrating a +1.1% swing from the preceding day's closing price. The stock's change was more than the S&P 500's daily gain of 0.28%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.15%.The equipment supplier to semiconductor makers's shares have seen a decrease of 12.34% over the last month, not keeping up with the Computer and Technology sector's loss of 0.02% and the S&P 500's gain of 2%.The upcoming earnings release of ...

I downgraded ASML Holding N.V. (NASDAQ: ASML ) to 'Sell' in July 2024, arguing the near-term risk of China's export restrictions. Since then, the stock price has declined by more than 16%. In hindsight, I made the right call by cashing out my ASML positions. Recently, Shanghai MicroelectronicsMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing ...

U.S. stocks reacted positively following the Federal Open Market Committee's announcement in mid-September that it would lower interest rates by 50 basis points, wider than many analysts had anticipated. Generally, a lower federal funds rate is often a boon for stocks, as businesses are able to more easily secure loans to facilitate growth and consumers may be more likely to increase spending habits.The Federal Reserve is not the only central bank that has reduced interest rates heading into the final quart ...

After yesterday's interest rate-fueled surge, another analyst is stepping to the sidelines.Shares of ASML Holdings (ASML -3.82%) were falling on Friday, down as much as 4.6% in early-morning trading, before recovering to a 3.4% decline as of 12:45 PM EDT.After Wednesday's 50-basis point interest rate cut spurred a rally on Thursday, ASML gave back most of those gains today, as one analyst moved to the sidelines on the company's shares.Morgan Stanley moves to equal weightSemiconductor analysts at Morgan Stan ...