ASML Stock Is Down 20%. Here's Why You Should Buy ASML Holdings Now.

 Netherlands-based ASML Holdings (NASDAQ:ASML) was one of the best-performing stocks on the Nasdaq 100 exchange in the first quarter of 2024. As artificial intelligence mania gripped the market and chip companies invested billions into the technology, ASML soared, rising 33% over the first three months of the year.That’s because the semiconductor equipment manufacturer has a virtual monopoly on the manufacturing of the critical equipment chipmakers need to make AI chips. Its extreme ultraviolet lithography ...