Reported about 1 year ago
The article discusses how Nvidia's remarkable performance in the AI chip market could continue with the company's strong revenue and earnings growth, holding a 98% share of the market. However, for investors who missed out on Nvidia's run-up and are concerned about its valuation, ASML Holding (NASDAQ: ASML) emerges as a solid alternative. ASML's advanced chipmaking machines enable chipmakers like TSMC to create smaller and more powerful chips, essential for AI-related workloads. With a dominant position in the EUV lithography market and strong growth projections, ASML presents an attractive investment opportunity compared to Nvidia, especially considering its lower valuation multiples.
Source: YAHOO