The Latest Breaking News from ASML

Increasing government and corporate investments to ramp up semiconductor production to meet surging demand from various industries should drive the industry’s growth. This, combined with technological breakthroughs in chip making, should drive the performance of popular chipmakers Applied Materials (AMAT) and ASML (ASML). But which of these stocks is a…

ASML Holding (NASDAQ:ASML) has outperformed the market over the past 5 years by 24.16% on an annualized basis producing an average annual return of 38.14%. Currently, ASML Holding has a market capitalization of $268.83 billion.

Semiconductor stocks, such as Advanced Micro Devices (AMD) and ASML Holding (ASML), have moved lower by a significant margin in 2022. Despite the recent weakness, both stocks have strong fundamentals and operate in a market where they enjoy leadership positions. Between the two, let’s see which is a better buy.

Goldman Sachs analyst Alexander Duval upgraded ASML Holding NV (NASDAQ:ASML) to Conviction Buy from Buy with a €930 price target (57.20% upside).  Duval sees ASML as a "core Digital Enabler" given its monopoly position on Extreme Ultraviolet Lithography. ASML's de-rating from 29-times price to expected 2025 earnings to 23-times despite improving orders and customer datapoints…