ASML Emerges as Top Pick for Market Participants

Amid ongoing turbulence across the technology sector, a notable shift in sentiment is occurring around a key Dutch enterprise. ASML, the world’s premier supplier of lithography systems to the semiconductor industry, is rapidly becoming the preferred holding for both retail and institutional investors. What is driving this surge of interest in the technology giant?

The confidence in ASML extends well beyond individual investors. Major financial institutions are significantly increasing their stakes. Empowered Funds LLC boosted its position by a substantial 33.9% during the second quarter, building a holding now valued at over $11.7 million. In a separate move, Diversified Portfolios Inc. established a completely new position, acquiring 311 shares.

Collectively, institutional investors now Read more...