Reported 7 months ago
The article discusses the recent performance of ASML Holding stock and its potential outlook for the future. Despite a recent pullback in share prices following disappointing Q1 results, the article suggests that investors may want to consider buying ASML stock, especially if it becomes available at a cheaper valuation. ASML is a Dutch semiconductor equipment giant known for its lithography machines used in chip manufacturing. The company has maintained its full-year revenue guidance and expects business to pick up in the second half of the year, with a robust backlog and potential growth in the AI chip market. The article concludes that ASML could be a solid long-term investment, with revenue growth expected to accelerate from 2025 onwards, making it a potential candidate for investors looking to add an AI stock to their portfolios in the next three years.
Source: YAHOO