ASML Holding N.V. leads the EUV lithography market and benefits from AI-driven semiconductor growth. However, its current high valuation assumes a near-perfect, extended AI supercycle, leaving little room for error if capital spending slows. Despite management's confidence in expansion and new technology commercialization, the risk/reward balance is unfavorable, prompting a Sell rating due to potential valuation pressure from any setbacks or slower investment cycles.
The Corgi Lithography & Semiconductor Photonics ETF (EUV) has dropped more than 20% in one month, mainly due to sector fears of margin contraction from Chinese oversupply. However, its core holdings, including ASML with its EUV monopoly and TSMC, rem...
The Alger Concentrated Equity ETF (CNEQ) and the Mango Growth ETF (GARY) offer different U.S. growth exposures despite both being tech-heavy and actively managed. GARY focuses heavily on semiconductor and AI infrastructure stocks, capturing the AI ca...
