ASML Receives Major Upgrade as Next-Generation Chip Technology Gains Momentum

ASML Holding NV, the Dutch semiconductor equipment manufacturer, received a significant vote of confidence from financial analysts on Friday. Investment bank Rothschild & Co Redburn elevated its rating on the company’s shares from “Neutral” to “Buy,” citing substantial untapped potential in the upcoming generation of chip manufacturing technology. This optimistic assessment coincides with ASML reinforcing its strategic position in the challenging Chinese market during the Industrial Expo in Shanghai.

The analyst team at Rothschild has substantially increased its earnings forecasts for ASML, raising projections for the period between 2026 and 2030 by a notable 7 to 17 percent. This revised outlook places their estimates well above the current market consensus. Their financial model anticipates total Read more...