We recently compiled a list of the 20 High Growth Mega Cap Stocks You Can Buy And Hold For Next 5 Years. In this article, we are going to take a look at where ASML Holdings N.V. (NASDAQ:ASML) stands against the other high growth mega cap stocks.
Intel on Monday said that the first two cutting-edge machines from ASML Holding are "in production" at its factories, with early data indicating they are more reliable than the previous generation of machines.
When you hear about artificial intelligence (AI) investing, you may think of the software powered by the technology or the hardware that trains the model. However, investors should also think of the chips that go into these devices to power the AI models.
Intel has announced the successful production of computing chips using ASML Holding's advanced lithography machines, which are now operational at its factories. The early results show improved reliability over previous models.
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.