JP Morgan has upgraded its earnings forecasts for ASML Holding NV for 2027 and 2028 after the company indicated it can produce more extreme ultraviolet (EUV) lithography machines than previously expected. ASML, which dominates the market for these advanced chipmaking tools, now suggests it can exceed its earlier capacity ceiling of 90 EUV tools by using strategies like faster manufacturing cycles and repurposing cleanroom space. JP Morgan believes ASML could deliver 110 or more low-NA EUV tools without new facilities, raising its initial estimate to 90 units and anticipating further increases. This signals stronger growth potential for ASML amid rising demand for semiconductor manufacturing equipment.
ASML Holdings has raised its 2026 revenue guidance midpoint from €38 billion to €44 billion and increased its gross margin midpoint from 52% to 55%, reflecting strong growth prospects. The analyst maintains a Buy rating and raises the price target fr...
Asian semiconductor stocks experienced a significant decline following a sell-off in US chipmakers, with SK Hynix shares dropping over 9% in Seoul after an earlier 8% rally. The sell-off reflects concerns over AI spending and profit-taking after a st...
REX Shares has filed for the REX AI Chipmaking ETF, targeting the booming $1.3 trillion AI infrastructure sector. The fund tracks the VettaFi AI Chipmaking Index, focusing on companies involved in wafer fabrication equipment, advanced packaging, and ...
ASML reported strong Q2 earnings with EPS of $8.69, surpassing estimates of $7.98, and revenue of $10.67 billion, exceeding forecasts of $10.23 billion. The company attributes this growth to increased demand for AI chips, prompting customers to accel...
ASML Holding N.V. reported strong Q2 results with €9.3 billion in sales and earnings per share of €7.59, surpassing market expectations. The company raised its 2026 revenue guidance to between €43 billion and €45 billion, with a gross margin target o...
