ASML Stock Expected to Surge in Next 5 Years Due to Chip Manufacturing Dominance

Reported about 13 hours ago

ASML Holding, a leader in semiconductor equipment with a near-monopoly on essential lithography machines, is predicted to see its stock soar over the next five years thanks to the ongoing high demand for semiconductors driven by AI and cloud computing. The company has maintained impressive profit margins and loyal customer service contracts due to the long lifecycle of its expensive systems. Long-term investors might find ASML an attractive option even as some advisors recommend other stocks.

Source: YAHOO

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