ASML Holding N.V. ended 2024 with 40% earnings growth and aims for €30-€35 billion in sales for 2025, indicating strong future growth. Despite a challenging year and export regulations, ASML's stock price target is raised to $873, with a midpoint target of $976, implying 40% upside. DeepSeek's impact on ASML is uncertain, but potential declines in China sales could be offset by increased AI investments in Western countries.
Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.
The boss of semiconductor equipment giant ASML Holding NV (NASDAQ:ASML) said the market should get used to the sort of shocks provided by China's DeepSeek, but the emergence of more efficient artificial intelligence models should be embraced for lowering costs. Speaking after the publication of the Dutch group's fourth-quarter results, ASML chief executive Christophe Fouquet told reporters: “I know some of you maybe were surprised in the last few days that a new company suddenly comes and wants to compete.
AI hardware stocks, including Nvidia and ASML, experienced a significant selloff due to fears surrounding China's DeepSeek AI, presenting potential buying opportunities. ASML's strong earnings report and bullish guidance suggest continued demand for AI-related hardware, despite recent market volatility. ASML's valuation is attractive, with potential for substantial growth and profitability, making it a strong buy at current levels.
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ASML: Demand Surge Supports Bulls' Case For Optimism (Rating Upgrade)
Wall Street's dramatic reaction to DeepSeek's AI announcement on Monday created compelling opportunities in unlikely places. As panic selling wiped out $1 trillion in market value in U.S. tech stocks, even stalwart dividend growth stocks like ASML (ASML -0.98%) and Microsoft (MSFT 2.91%) got caught in the crossfire.
ASML Holding NV (NASDAQ:ASML) quarterly results were above expectations but there was "little to change" the investor debate over the merits or otherwise of the Dutch semiconductor giant, analysts at UBS said. Indeed, other analysts at Jefferies said the strong fourth-quarter level of bookings and a €36 billion year-end backlog "will dispel some of the bearish concerns regarding 2025 itself, though concerns on the 2026 growth are likely to persist".
ASML CEO Christophe Fouquet gives his view on the development of AI and competition from Chinese players.
Computer chip equipment maker ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has launched is a net positive for chip markets.
ASML CEO Christophe Fouquet discusses the company's earnings and the market outlook for AI.
ASML Holding (ASML) shares are surging 7% in premarket trading Wednesday after the Dutch semiconductor-gear manufacturer reported better-than-expected fourth-quarter results.