ASML Holding N.V. (NASDAQ:ASML) is one of the AI Stocks Analysts Are Tracking Closely. On September 18, BofA Securities analyst Didier Scemama raised the price target on the stock to EUR941.00 (from EUR724.00) and kept a Buy rating on the shares.
The rating follows Nvidia’s announcement of a broad partnership with Intel, including a $5 billion investment in the struggling US chipmaker.
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In an investor note, the analysts highlighted how a potentially more competitive Intel in both datacenters and PCs should be positive for Semicaps such as ASML. Semiconductor capital equipment providers like itself offer critical lithography systems used in chip manufacturing.
ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing.
While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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