The recently retired CEO of semiconductor equipment maker ASML said in an interview with Dutch radio station BNR on Saturday that U.S.-China disputes over computer chips are ideological and not based on facts, and they are set to continue.
Several high-profile stock splits have occurred recently. First, Nvidia (NASDAQ: NVDA ) decided to implement a 10-for-1 stock split which took effect June 10.
ASML Holding NV (NASDAQ:ASML) investors will be closely watching the manufacturer of chip-making equipment's orders when it hands down its second quarter earnings on July 17, say analysts at UBS. “Sentiment has remained relatively optimistic into earnings, however, there is increasing nervousness around the order number which disappointed last quarter at €3.6 billion,” the analysts wrote in a note to clients.
ASML's US-listed stock is up 42% this year so far and upcoming earnings could send it even higher.
Tech stocks easily outperformed Wednesday.
ASML's CFO held a call with analysts in early June. On that call, he said TSMC, the largest chip foundry, would be receiving a high-NA EUV machine this year.
Semiconductor production equipment maker ASML may continue with an expansion under way at its headquarters in Veldhoven, the Netherlands' Council of State ruled on Wednesday, rejecting objections from two neighbours.
Fundamentally, the bullish narrative for targeting cutting-edge tech stocks is rather straightforward. Outside of extraordinary circumstances, the innovation ecosystem always attempts to push society forward.
One way to analyze investments in a particular industry or sector is by understanding the supply chain. Dig deep into a given industry and the power players will soon emerge.
In the most recent trading session, ASML (ASML) closed at $1,028.01, indicating a +1.12% shift from the previous trading day.
ASML (ASML) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
ASML has a monopoly on one of the most important machines in the world. Datadog and ServiceNow provide software that businesses don't want to live without.