ASML Holding (ASML)’s Shares Upgraded On Back Of Latest Chipmaking Machines

Group 1 - ASML Holding N.V. is the sole global supplier of high-end extreme ultraviolet (EUV) lithography scanners, essential for semiconductor manufacturing [2] - The company's shares have increased over 45% year-to-date, driven by enthusiasm for AI chips, leading to an upgrade from Rothschild Redburn from Neutral to Buy, with a price target raised to €1,200 from €900 [3] - High NA EUV machines are the most advanced lithography machines globally, and their demand is crucial for ASML's performance [3][4] Group 2 - Advances in stitching and packaging have reduced uncertainty regarding the High NA machines, which enhance circuit resolution but require chip manufacturers to combine exposure fields [4]