Reported about 1 month ago
ASML Holding NV seeks to stabilize its stock, which has seen a significant drop since July, with expectations of strong AI-related orders. Despite recent challenges, including potential US trade restrictions on China and a broader sector rotation, analysts remain optimistic. Many predict a positive earnings report ahead, especially as orders from key customers like TSMC are anticipated to exceed previous quarters. While concerns linger about future sales in China, the overall sentiment among investors remains relatively positive, looking forward to an important investor day in November.
Source: YAHOO