UBS Lifts ASML Holding N.V. (ASML) Price Target Banking on AI-Led Memory Growth

Group 1 - ASML Holding N.V. is recognized as a high-growth semiconductor stock with profitability expected in 2025, and UBS has raised its price target to EUR940.00 from EUR750.00 while maintaining a 'Buy' rating [1][2] - UBS has increased its earnings per share estimates for ASML by 15-10% for the years 2026 and 2027, reflecting confidence in the company's ability to benefit from AI-led memory growth [2] - The positive outlook for ASML is supported by better-than-expected sales in smartphones and PCs, which are driving demand for its products, along with anticipated favorable news flow over the next 12 months [3] Group 2 - ASML is a Dutch multinational company specializing in the design, manufacture, and sale of advanced lithography machines, crucial for semiconductor chip production, particularly in extreme ultraviolet (EUV) lithography technology [4]