ASML: On Track For Q4 Ramp
ASMLASML Holding(ASML) Seeking Alpha·2024-07-21 20:30
Pixelbizz/iStock Editorial via Getty Images Investment thesis ASML (NASDAQ:ASML) had from the start projected 2024 to be a flat year, before growth would resume in 2025, based on several catalysts such as higher semiconductor industry growth, fab buildouts, and the introduction of new, pricier low- as well as high-NA EUV lithography tools. Since the valuation has remained reflective of a growth stock, with no major sell-offs, this meant ASML has been a stock for the patient this year. With the financial ...