Outperforming Semiconductor Name Gears Up for Earnings

Mirroring the Nasdaq today, semiconductor stock ASML Holding NV (NASDAQ:ASML) earlier hit a record high of $1,110.09 before turning lower, last seen down 2.4% at $1,073. This price action comes after Susquehanna, which currently holds a positive rating on the stock, lifted its price target to $1,300 from $1,200. The chip name is a candidate for a stock split, as it's trading above $1,000 amid this year's artificial intelligence (AI) rally, much like crypto stock MicroStrategy (MSTR), which announced a 10-fo ...