Reported about 1 month ago
ASML, a leader in semiconductor manufacturing equipment, has seen its stock drop 36% from all-time highs, despite earlier projections of strong demand due to the AI boom. Recent quarterly earnings showed a decline in new orders, particularly outside the AI segment, leading to lowered revenue expectations for 2024 and 2025. However, ASML's long-term growth outlook remains positive, with anticipated annual sales increases of 9% through 2030. The company also offers a growing dividend, making it an appealing option for long-term investors despite its current price decrease.
Source: YAHOO