ASML: Demand Destruction For The World's Leading/Next-Gen Lithography? Not Likely

Colin Anderson Productions pty ltd/DigitalVision via Getty Images We previously covered ASML Holding N.V. (NASDAQ:ASML) (OTCPK:ASMLF) in June 2024, discussing why we had maintained our Buy rating despite the stock's premium valuations and stock prices. Given that generative AI remained in the early innings of hypergrowth, with multiple semiconductor and server companies guiding robust numbers and intensifying capex to capture the booming AI market, we had believed that the lithography equipment company  ...