Will these two AI stocks follow Nvidia and go for a split?Stock splits are back in the spotlight after Nvidia took this step recently. Investors should remember that this is simply a cosmetic move that doesn't change the value and fundamentals of a company. What a stock split does is increase the number of outstanding shares while reducing the price of each share. So, the overall market value of the company remains the same.However, there is a belief that a stock split might increase demand for a company's ...

Nvidia's stock split is history, but investors should keep their eyes on these three AI stocks.If you've been wanting to buy Nvidia at a cheaper price, you now have the opportunity. The tech giant conducted a 10-for-1 stock split after the market close on June 7, 2024. Nvidia's share price is the lowest it's been in years.Which AI leaders could have monster stock splits on the way after Nvidia? Here are two top candidates and one definite pick.1. BroadcomIn one sense, Broadcom (AVGO 1.43%) has never split i ...

Core Viewpoint - The introduction of ASML's new High NA EUV system is expected to significantly enhance the company's financial performance in the near future, making it a potentially attractive investment opportunity [1][8]. Group 1: Financial Performance - ASML's Q1 revenue declined nearly 22% year over year to 5.3 billion euros ($5.74 billion), with a sequential drop of 27% [2]. - Equipment sales fell nearly 26% year over year to 3.97 billion euros ($4.3 billion), while service revenue decreased nearly 6% year over year to 1.32 billion euros ($1.43 billion) [2]. - The company sold 66 new lithography systems in Q1, down from 96 a year ago, and 4 used systems, unchanged from the previous year [2]. Group 2: New Technology and Customer Adoption - ASML began shipping its High NA EUV systems, with Intel being the first customer to install one in April, which is expected to enhance precision and scalability in chip manufacturing [3]. - Taiwan Semiconductor Manufacturing (TSMC) and Samsung are also set to receive shipments of the new systems by the end of the year, with TSMC expected to place significant orders related to 2nm technology starting in mid-2024 [4]. Group 3: Future Projections - ASML forecasts revenue to rise to between 30 billion to 40 billion euros ($32.4 billion to $43.2 billion) by 2025, up from 27.6 billion euros ($29.8 billion) last year [5]. - Analysts project a significant increase in earnings per share (EPS) from an estimated $20.76 this year to $32.23 in 2025, and EBITDA to rise to over $16 billion from $10.3 billion in 2024 [7]. Group 4: Valuation Metrics - ASML's stock trades at a forward price-to-earnings (P/E) multiple of about 50 times and an enterprise value (EV)-to-EBITDA multiple of 40 times [6]. - With projected increases in EPS and EBITDA, the P/E multiple could decrease to around 32 times and the EV/EBITDA multiple to about 25 times based on 2025 projections [7]. Group 5: Competitive Advantage - ASML is currently the only company producing chip manufacturing machines with High NA EUV technology, providing it with a significant technological edge over competitors [8]. - The growing demand for AI and related chips further supports ASML's market position and growth potential [8].

ASML's stock is hovering around $1,000 per share.Stock splits are back in vogue.After several years with hardly any stock splits on the market, big companies now seem to be eager to reverse course. Nvidia (NVDA -0.09%), for example, just became the fifth of the "Magnificent Seven" stocks to split its shares in less than four years, announcing a 10-for-1 stock split that's set to go into effect on June 7.Nvidia shares are up roughly 20% since the announcement, benefiting from a strong earnings report, and it ...

Despite sticky price pressures in the eurozone, the European Central Bank (ECB) delivered a widely expected interest rate cut in its June meeting, helping drive regional equities to record highs. Headline inflation in the eurozone increased to 2.6% in May from April’s reading of 2.4%. Concurrently, ECB staff expect inflation to remain at 2.5% for 2024, up from an earlier projection of 2.3%.However, the ECB shrugged off sticky inflation and began its interest rate-trimming cycle ahead of the Federal Reserve ...

ASML (ASML) shares soared 9.5% in the last trading session to close at $1,041.34. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 4.7% gain over the past four weeks.ASML Holding extended its rally, driven by the fact that it has become Europe’s second-biggest listed company. Moreover, its biggest client called Taiwan Semiconductor is gearing up to receive the high-NA extreme ultraviolet machine by the end of this year, which bode ...

Three semiconductor stocks are on the move today. Are any of them still cheap enough to buy?Wednesday is shaping up to be a good day for semiconductor investors, as good news from China (and a potential money grab in Taiwan) lifts share prices of Applied Materials (AMAT 4.73%), ASML Holding (ASML 8.77%), and Taiwan Semiconductor Manufacturing Company (TSM 6.23%).As of 10:30 a.m. ET, Applied Materials stock is up 4.9% and ASML 7.4%. TSMC bounced back from yesterday's decline with a 6.9% gain today.Good news ...

Key TakeawaysTaiwan Semiconductor Manufacturing Company and ASML Holding surged Wednesday after analysts reported that the Dutch firm is optimistic that TSMC will receive its advanced chipmaking machine this year.ASML's lithography technology is used to mass-produce semiconductor chips.Jefferies analysts said in a note following a call with ASML executives that CFO Roger Dassen "sounded optimistic that commercial discussions with TSMC are nearing conclusion." American depositary receipts (ADRs) of Taiwan Se ...

Pixelbizz/iStock Editorial via Getty ImagesASML Stock Reversed Most Of Its April Losses ASML Holding (NASDAQ:ASML) investors still hanging on to their positions likely brushed off the initial post-earnings selloff attributed to weak bookings performance at its recent earnings report in late April 2024. Accordingly, ASML's Q1 earnings release indicated net bookings of €3.6B. Of which, €656M was linked to ASML's EUV lithography systems. However, ASML's net bookings metric fell markedly short of Wall Stree ...

ASML's technology is crucial in the manufacturing of high-powered chips.Artificial intelligence (AI) requires many different technologies. While some investors focus on the companies that are developing or deploying AI models, these businesses need hardware with the computing power to create and use those models.This is why stocks like Nvidia have such growth power: The company's GPUs are used by essentially every company involved in AI.There are alternatives to Nvidia, but all of those competitors have to ...