ASML Holding N.V. Stock News

ASML Holding on Thursday reiterated its 2030 targets, a move that relieved investors after a profit warning last month.

Computer chip equipment maker ASML said on Thursday it expects its sales to grow to between 44 billion euros and 60 billion ($46.4 billion-$63.3 billion) by 2030, suggesting an average annual increase of 8%-14%, driven by strong demand for its most advanced tools.

ASML provides updated view on market opportunities at 2024 Investor Day meeting Positioned for significant growth in revenue and profitability in this decade

The threat of further U.S.-led restrictions on ASML's sales to China will hang over the leading computer chip equipment maker on Thursday when it offers up new medium- and long-term financial guidance at its biannual Investor Day.

These stocks could get major tailwinds under the incoming administration.

Just because they aren't anyone's favorites right now doesn't mean they're not worth owning.

Bubble, bubble, toil and trouble.

2024 has been an exceptional year for equities, with the S&P500 up 21.3% YTD, driven by a strong economy, full employment, and an AI investment narrative. Despite relatively high valuations, few high-quality stocks have sold off recently. ASML's recent decline presents a long-term buying opportunity despite short-term challenges in the semiconductor industry and delayed growth expectations.