ASML Shares Approach the €1,000 Milestone

ASML is positioning itself for a significant year-end push in 2025, fueled by a strategic expansion into a key growth market and reinforced by strong analyst confidence. The semiconductor equipment manufacturer is now within striking distance of the psychologically significant €1,000 per share level.

Substantial support is flowing from Wall Street, providing a powerful tailwind for the stock. Morgan Stanley recently designated ASML as its “Top Pick” within the European semiconductor sector, simultaneously raising its price target to an even €1,000. The primary driver for this optimistic outlook is the sustained, robust demand for memory and artificial intelligence (AI) chips. Echoing this sentiment, Bank of America reaffirmed its “Buy” rating, setting a price objective Read more...