ASML Stock Performance: Will It Break New Highs or Stagnate?
ASML’s Market Position and Future Prospects
By Toby Sterling and Nathan Vifflin
AMSTERDAM, Jan 29 (Reuters) – ASML’s latest results reignited the rally that has made it Europe’s most valuable company, until questions about its capacity to meet record orders sent the stock sliding – highlighting just how stretched expectations have become.
Shares in the Dutch chip-machine maker initially hit new highs after it reported fourth-quarter earnings on Wednesday, before reversing to end down 2%.
Current Stock Performance
The whipsaw trading underscores how the firm, whose tools are used by chipmakers such as Taiwan’s TSMC to produce AI chips for Nvidia, is testing the limits of investor appetite.
Analyst Insights on Valuation
ASML shares are…
