Reported 1 day ago
BofA Securities analyst Didier Scemama has raised the price target for ASML Holding N.V. from EUR724.00 to EUR941.00 while maintaining a Buy rating, following Nvidia's partnership with Intel involving a $5 billion investment. The note underscores that a more competitive Intel could positively impact semiconductor capital equipment suppliers like ASML, which specializes in lithography systems for chip manufacturing.
Source: YAHOO