Category: ASML

Samsung CEO Visits The Netherlands to Bolster Chipmaking Value Chain

Samsung Vice Chairman Lee Jae-yong recently visited the Netherlands to lay the foundations for the South Korean giant’s semiconductor value chain. Chipmakers racing to expand production amid a global shortage are competing to secure Dutch chipmaking equipment supplier ASML’s EUV lithography systems—devices essential to making advanced microchips. EUV stands for “extreme ultraviolet,” the wavelength of…


ASML Attempts to Supply Chipmakers With Critical Equipment as Chip Shortage Worsens

Major computer chip makers are facing a critical shortage of manufacturing equipment for the second year in a row as they attempt to increase production in the middle of a supply chain crisis. A global shortage has been causing problems for many chip-reliant industries since the waning of the initial COVID-19 pandemic, with manufacturers struggling…


Goldman Sachs Upgraded ASML to Conviction Buy: Read Why

Goldman Sachs analyst Alexander Duval upgraded ASML Holding NV to Conviction Buy from Buy with a €930 price target (57.20 percent 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 has created an…


China Won’t Dare to Rupture Relations with US, Europe Over Russia-Ukraine Conflict, Economists Say

Although China and Russia have announced a “no limits” partnership, with “no forbidden areas of cooperation,” Beijing is unlikely to do anything to jeopardize its economic relationship with Europe and the United States, economists say, citing that China has long benefited from global integration and seeks to maintain the world economic order from which it…


ASML Clocks 17% Sales Growth in Q4; Strengthens Bond With Intel

ASML Holding NV reported fourth-quarter FY21 revenue of €4.99 billion, up 17.2 percent Y/Y and missed the consensus by €130 million. The Q4 net bookings were €7.1 billion. The gross margin expanded 219 bps Y/Y to 54.2 percent due to strong Installed Base revenue. GAAP EPS of €4.38 increased from €3.23 last year. ASML held €7.59…