We recently published a list of 10 Best Long Term Tech Stocks to Buy Right Now. In this article, we are going to take a look at where ASML Holding N.V. (NASDAQ:ASML) stands against other best long term tech stocks to buy right now.
Intel on Monday said that the first two cutting-edge lithography machines from ASML Holding are "in production" at its factories, with early data indicating they are more reliable than earlier models.
Intel announced that its new ASML lithography machines are now in production, after a 7-year delay, to produce smaller and faster chips by 2024.
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Of course, buying just two stocks and hoping that they will deliver life-changing returns isn't a smart thing to do. However, buying the two companies discussed in this article as a part of a diversified portfolio could turn out to be a smart move considering their prospects.
Trump's administration believes restrictions on AI processors exports are not strict enough for close allies, also plans to persuade Japan and the Netherlands to curb services of ASML and TEL machines in China.
ASML Holding has seen its share price decline by over 30% since its all-time highs in July last year. See why I rate ASML stock a strong sell.
ASML Holding N.V. (NASDAQ:ASML) is an advanced semiconductor equipment systems manufacturer for chipmakers. The one-month return of ASML Holding N.V. (NASDAQ:ASML) was 6.82%, and its shares lost ...