From NASDAQ: 2024-03-31 04:15:00

ASML (NASDAQ: ASML) and Apple (NASDAQ: AAPL) are key players in the tech sector. ASML dominates the lithography market, helping foundries like TSMC produce advanced chips. In the past year, ASML’s stock surged 50% while Apple’s only rose 6%, due to slowing iPhone sales. ASML’s market cap is $390 billion compared to Apple’s $2.6 trillion.

ASML is a frontrunner in lithography technology, specializing in EUV systems for cutting-edge chip production. Their advanced systems are used by top foundries like TSMC, Samsung, and Intel to make the smallest, most efficient chips. ASML’s next-gen EUV systems will push chip boundaries even further, solidifying their market dominance.

ASML’s steady growth and high margins have positioned it for strong future expansion. Despite facing export curbs in China and macroeconomic challenges in the semiconductor sector, ASML is poised to accelerate growth by 2025. Ongoing advancements in chip manufacturing by key players like TSMC will drive ASML’s future success.

ASML expects revenue to nearly flatline in 2024 due to external pressures, but sees significant expansion in 2025 and beyond. Their revenue estimates project substantial growth through 2030, potentially doubling their stock price by the end of the decade. While ASML won’t reach Apple’s market cap, it remains a solid long-term investment option.



Read more at NASDAQ: Will ASML Be Worth More Than Apple by 2030?