Core Viewpoint - The technology sector, particularly the semiconductor industry, is facing challenges due to trade tariffs, leading to uncertainty and declining sentiment among investors [1][3][6]. Industry Summary - The semiconductor and chipmaking industries are significantly impacted by recent trade tariffs, affecting forecasts and overall market sentiment [1][3]. - Despite the negative sentiment, there are opportunities for investors to identify undervalued stocks that have already priced in worst-case scenarios, potentially offering upside [2][9]. Company Summary (ASML) - ASML Holding is highlighted as a strong investment opportunity, with a favorable risk-to-reward setup, as the bearish sentiment may already be reflected in its current stock price [3][10]. - ASML has underperformed compared to peers like NVIDIA, with a 15% underperformance over the past month and approximately 40% over the past year [4][5]. - The stock is currently in a bear market, trading at 65% of its 52-week high, which may deter bearish traders [6][7]. - Short interest in ASML has declined by 1%, indicating a potential shift in sentiment as pessimistic views may have been priced in [7]. - Institutional buying has increased, with First Manhattan boosting their position in ASML by 61%, indicating confidence in the stock's recovery [8][9]. - Analysts maintain a consensus price target of $906 per share for ASML, suggesting a potential upside of 21.3% from the current price [10][12]. - ASML's price-to-book (P/B) ratio is significantly higher than its peers, indicating a premium valuation that reflects market confidence in its future performance [11][13].

Market Overview - US stock index futures rose before the market opened, with Dow futures up 0.39%, S&P 500 futures up 0.88%, and Nasdaq futures up 1.34% [1] - European indices also showed positive movement, with Germany's DAX up 0.13%, UK's FTSE 100 up 0.05%, France's CAC40 up 0.63%, and the Euro Stoxx 50 up 0.50% [2][3] Commodity Prices - WTI crude oil increased by 0.40% to $62.09 per barrel, while Brent crude oil rose by 0.26% to $64.49 per barrel [3][4] Corporate News - Nvidia (NVDA.US) reported Q1 revenue of $44.1 billion, a 69% year-over-year increase, with data center revenue at $39.1 billion, up 73% year-over-year [11] - Salesforce (CRM.US) exceeded Q1 expectations with revenue growth of 8% to $9.8 billion and raised its revenue guidance for FY2026 [12] - C3.ai (AI.US) reported a 26% increase in revenue to $10.87 million for Q4 FY2025, with a positive outlook for FY2026 [13] - HP (HPQ.US) lowered its full-year earnings forecast due to tariff costs and economic weakness, with Q2 revenue of $13.2 billion, exceeding expectations but EPS falling short [14] - Li Auto (LI.US) reported a net profit of 647 million RMB for Q1 2025, a 9.4% increase year-over-year, with total vehicle deliveries of 92,864 units [15] - Futu Holdings (FUTU.US) saw Q1 revenue grow by 81.1% to 4.695 billion HKD (approximately $603 million), with net profit increasing by 97.7% [16] Economic Data and Events - Upcoming economic data includes the revision of the US Q1 GDP annualized rate and initial jobless claims for the week ending May 24 [17]

Group 1 - Khaveen Investments is a global Investment Advisory Firm serving high-net-worth individuals, corporations, associations, and institutions with comprehensive services including market and security research, business valuation, and wealth management [1] - The firm's flagship Macroquantamental Hedge Fund maintains a diversified portfolio with exposure to hundreds of investments across various asset classes, geographies, sectors, and industries [1] - Khaveen Investments employs a multifaceted investment approach that integrates top-down and bottom-up analysis, blending three core strategies: global macro, fundamental, and quantitative [1] Group 2 - The company's core expertise lies in disruptive technologies reshaping modern industries, including Artificial Intelligence, Cloud Computing, 5G, Autonomous and Electric Vehicles, FinTech, Augmented and Virtual Reality, and the Internet of Things (IoT) [1]

Core Viewpoint - ASML has experienced a significant decline in market value, losing over $130 billion in less than a year due to export restrictions to China and uncertainty surrounding U.S. tariffs [1][2]. Group 1: Market Performance - ASML's shares reached a record high of over 1,000 euros in July last year, resulting in a market capitalization of $429.5 billion, but have since fallen to just under $297 billion [1]. - The volatility in semiconductor stocks has been attributed to tightening U.S. chip export restrictions to China and tariff threats from the U.S. government [2]. Group 2: Industry Context - The entire equipment manufacturing sector in the semiconductor space has seen declines, driven by fears surrounding U.S. restrictions on China [3]. - There are concerns regarding potential over-investment in artificial intelligence, leading to questions about whether demand for semiconductors is meeting expectations [3]. Group 3: Technological Developments - ASML has begun shipping its next generation of extreme ultraviolet lithography machines, known as high numerical aperture (High NA) [4].

Core Viewpoint - The US equity markets, particularly in tech and AI sectors, are experiencing a resurgence after a brief pullback, indicating a renewed AI bull run [1][2]. Group 1: AI Market Dynamics - Artificial intelligence remains the dominant market theme with an accelerating pace of innovation, highlighted by major announcements from tech giants like Microsoft, Alphabet, and Nvidia [2]. - The excitement among investors is returning, with a focus on three key stocks: ASML Holding, Palantir Technologies, and Broadcom, which are pivotal in the AI value chain [2]. Group 2: ASML Holding - ASML Holding is critical in the semiconductor supply chain, holding a near-monopoly on extreme ultraviolet (EUV) lithography machines essential for advanced chip production [3]. - The company has a Zacks Rank 2 (Buy) with an expected EPS growth of 18.9% annually over the next three to five years, while trading at 27x forward earnings, below its 10-year median of 31.8x, presenting an attractive entry point for long-term investors [4]. - Technically, ASML has been consolidating and recently broke out of a bull flag, approaching resistance at $780, with momentum expected to carry it higher as long as it holds above $740 [5]. Group 3: Broadcom - Broadcom has become a significant player in the AI value chain, designing custom chips for hyperscalers, including AI accelerators and ASICs for large-scale data centers [8]. - Analysts project Broadcom's earnings to grow at 19.1% annually over the next three to five years, driven by strong demand for AI-enabling hardware, although it currently holds a Zacks Rank 3 (Hold) due to flat earnings estimate revisions [9]. - The stock is breaking out from a tight bull flag pattern, suggesting a continuation of its rally as long as it trades above the $230 breakout level [10]. Group 4: Palantir Technologies - Palantir Technologies has emerged as a top performer in the market, benefiting from AI adoption and demand for real-time data-driven decision platforms, expanding from government to private sector applications [13]. - Analysts forecast Palantir's earnings to grow at 32% annually over the next three to five years, although it trades at over 200x forward earnings, reflecting its unique market position [14]. - The stock is also breaking out of a bull flag pattern, indicating continued momentum, with potential upside if it holds above the $125 breakout level [15]. Group 5: Investment Outlook - ASML, Broadcom, and Palantir are all positioned to benefit from the expanding AI ecosystem, with strong earnings growth forecasts and compelling technical setups, suggesting they are well-positioned for the next bull run [15].

近日，一些媒体报道了英国部署电子束光刻机相关的新闻，并号称打破 ASML的EUV技术垄断。部分 报道甚至号称这是全球第二台电子束光刻机，能绕过ASML。实际上当前没有任何信息表面该电子束曝 光机可以用于5nm制程的芯片量产的光刻环节。在这些媒体的报道中，英国似乎已经拳打ASML，脚踢 EUV了。 那事实真的如此吗？实际情况到底如何呢？ 01英国部署全球第二台200kV电子束光刻设备 实际上，英国南安普敦大学宣布的是，成功开设了日本以外首个分辨率达5纳米以下的尖端电子束光刻 (EBL)中心，可以制造下一代半导体芯片。这也是全球第二个，欧洲首个此类电子束光刻中心。 据介绍，该电子束光刻中心采用了日本JEOL的加速电压直写电子束光刻(EBL)系统，这也是全球第二台 200kV系统（JEOL JBX-8100 G3）（第一台在日本），其可以在200毫米晶圆上实现低于5纳米级精细 结构的分辨率处理。这可以在厚至10微米的光刻胶中实现，且侧壁几乎垂直，可用于开发电子和光子学 领域研究芯片中的新结构。JEOL的第二代EBL设备——100kV JEOL JBX-A9 将计划用于支持更大批量 的300毫米晶圆。 目前JEOL的 ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Allient (ALNT) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.Allient is one of 607 companies in the Computer and Technology group. The Computer and Technology group currently sits at #8 within the Zacks Sector ...

Group 1 - The article emphasizes the importance of building a thoughtful investment portfolio that balances strong growth potential with solid fundamentals [1] - The focus is on high-quality businesses primarily located in the U.S. and Europe, characterized by industry-leading profitability, low leverage, and growth potential [1] - The investment strategy includes considerations of portfolio strategy and capital allocation, aiming for long-term financial independence [1] Group 2 - The analyst has disclosed a beneficial long position in shares of ASML, GOOGL, and BRK.B, indicating a vested interest in these companies [2] - The article expresses personal opinions of the analyst, with no compensation received from the companies mentioned, highlighting an independent viewpoint [2] - Seeking Alpha clarifies that past performance does not guarantee future results, and the views expressed may not reflect the platform's overall stance [3]

Group 1 - The last coverage of ASML Holding N.V. stock was in March 2023 with a "Buy" rating, and there are mixed feelings about its performance since then [1] - The stock has delivered notable performance, but specific metrics or figures are not provided in the text [1] Group 2 - The article does not provide any financial metrics, market trends, or specific growth drivers related to ASML or the industry [1]

Core Insights - The article discusses the historical context of the California Gold Rush initiated by James W. Marshall in 1848, which attracted over 300,000 people seeking wealth [1] - It emphasizes the effectiveness of value dividend investing as a strategy for building wealth through quality companies while generating cash flow [1] - The author is focused on creating a portfolio of dividend growth stocks to achieve financial independence through dividend income [1] Investment Strategy - Value dividend investing allows investors to purchase quality companies at attractive prices while receiving cash flow without needing to sell their stock positions [1] - The strategy is presented as a sustainable approach to investing, aiming for long-term wealth accumulation [1] Personal Disclosure - The author has a beneficial long position in ASML shares, indicating a personal investment in the company [1] - The article reflects the author's personal opinions and is not influenced by any compensation from companies mentioned [1]