ASML: A Top AI Stock To Buy, Even At All-Time Highs
ASMLASML Holding(ASML) Seeking Alpha·2024-07-12 11:31
Mykola PokhodzhayASML Holdings' (NASDAQ:ASML) shares reached new all-time highs this week as demand for AI infrastructure products is surging. Specifically, semiconductor firm Taiwan Semiconductor Manufacturing (TSM) on Wednesday reported strong preliminary revenue results for its second-quarter which helped drive new interest in ASML as well. According to this company’s revenue update, TSMC saw 40% year over year growth driven by strong demand for AI chips from hyperscalers. ASML, which has Taiwan Semi ...