ASML: the Next stock in the AI market move

Posted: Mar 27, 2024

- ASML is a leader in manufacturing chip making equipment - Developing world's first 2 nanometer lithography machines for AI chips - Companies like Intel, TSMC, Nvidia, and Micron need this technology - Stock is at all-time highs with a PE ratio of 44, not cheap but not stretched - Expect a 50% rise in stock in the next year as adoption of 2nm chips increases - Risks include delays in production ramp up and advanced chip technology - Earnings call on April 17 could be a catalyst for stock movement





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