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Technology Stocks : ASML Holding NV
ASML 833.00+0.1%Oct 4 9:30 AM EDT

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From: BeenRetired4/9/2021 10:23:56 AM
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Fool:
ASML 1 of 4 best chip guys to buy for next decade...

The 4 Best Semiconductor Stocks to Buy for the Next Decade

Leo Sun 1 hr ago

The Dutch company controls about 90% of this market, and its newest EUV (extreme ultraviolet) lithography systems are used to manufacture 5nm and 7nm chips. Its largest customer is TSMC, so it should directly benefit from the latter's rising capex over the next decade.

ASML will launch even more advanced EUV systems, called high-NA systems, over the next few years to manufacture 3nm and 2nm chips between 2022 and 2025. That roadmap directly aligns with TSMC's, and it will enable ASML to remain one of the industry's most important equipment makers for the foreseeable future.

ASML's revenue and earnings rose 18% and 38%, respectively, last year. Analysts expect its revenue and earnings to grow another 32% and 41%, respectively, this year as it profits from surging demand for new chips.

The 4 Best Semiconductor Stocks to Buy for the Next Decade (msn.com)
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