bowie15 I knew when I took on this assignment to write about ASML Holding N.V.'s (NASDAQ:ASML) upcoming Q2 2024 earnings call on July 17, 2024, that it would be exceedingly difficult. By all metrics, ASML’s Q1 2024 results were disastrous, as shown in Table 1. According to ASML, every metric was down QOQ, by double-digit percentages. ASML However, CY 2023 was an exceedingly strong year for ASML. In a February 13, 2024 Seeking Alpha article entitled “ASML Led Global WFE Equipment Market In 2023 As Chin ...

Mykola PokhodzhayASML Holdings' (NASDAQ:ASML) shares reached new all-time highs this week as demand for AI infrastructure products is surging. Specifically, semiconductor firm Taiwan Semiconductor Manufacturing (TSM) on Wednesday reported strong preliminary revenue results for its second-quarter which helped drive new interest in ASML as well. According to this company’s revenue update, TSMC saw 40% year over year growth driven by strong demand for AI chips from hyperscalers. ASML, which has Taiwan Semi ...

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 ...

Both semiconductor titans are on track to capitalize on the AI boom, but which one should you be putting your money on right now?The PHLX Semiconductor Sector index has been in rip-roaring form on the market over the past year, clocking outstanding gains of 60% as of this writing and handsomely outpacing the 28% gains that the S&P 500 index has delivered during the same period.Artificial intelligence (AI) has played a central role in this terrific surge as demand for chips required in training and inferenci ...

One way to analyze investments in a particular industry or sector is by understanding the supply chain. Dig deep into a given industry and the power players will soon emerge. In the case of artificial intelligence (AI), there are a handful of best stocks that also currently appear to have long-term viability. Exposure to the best AI supply chain stocks is likely to be a winning strategy.Each of these firms forms a vital link in the overall AI supply chain. The integral nature of these firms and their appare ...

ASML (ASML) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Shares of this equipment supplier to semiconductor makers have returned +3.2% over the past month versus the Zacks S&P 500 composite's +3.2% change. The Zacks Semiconductor Equipment - Wafer Fabrication industry, to which ASML belongs, has gained 7% over this period. Now the key question is: Where could the stock be headed in ...

The tech sector has been on fire lately, but ASML, Datadog, and ServiceNow should stay hot well into the future.Tech stocks are hot right now. The S&P 500 is near its all-time high and megacap tech stocks dominate the index. Additionally, the Nasdaq-100 Technology Sector Index is just days away from its all-time high. Any way you look at it, it's a good time to be a tech investor.This party won't last forever, though, and a pullback in tech stocks is inevitable at some point. This is why it's a smart strate ...

The split appeared to lift Nvidia and could help other stocks, too.Nvidia stock soared to record highs following its 10-for-1 split. Following that increase, it became the stock with the world's largest market cap. Another chip giant, Broadcom, is far from such an achievement but has shot higher since announcing its own split.Given those reactions, such a move could be next for other AI stocks that announce stock splits. The question for investors is which stocks will make such a move. While the answer to t ...

The stock has been a multibagger since the company's last traditional split over 20 years ago.Artificial intelligence tailwinds have pushed technology stocks higher; some have begun splitting their stock. AI chip kingpin Nvidia executed a 10-for-1 split in May, while Broadcom announced it will do the same in July.Although the company doesn't receive as much attention as other AI stocks, ASML Holding (ASML 2.13%) belongs squarely in the mix. The company builds lithography machines, a vital tool for manufactu ...

With so much focus on innovative technologies such as artificial intelligence, it’s easy to get tunnel vision. Certainly, the usual suspects in the equities sector deserve the attention they’re receiving. At the same time, if you’re playing the strategic game, you don’t necessarily need to chase the hottest flavors of the week. With that, we come to strong buy long-term stocks to consider.Here, we’re not just banking on ideas with compelling and relevant underlying businesses. Rather, we’re specifically tar ...