Analyst Explains Why Nvidia China News Could be ‘Huge’ for ASML Holding (ASML)

ASML Holding N.V. (NASDAQ:ASML) is one of the 10 Stocks to Buy and Sell in 2025: Top Analyst Calls.

Joe Tigay from Equity Armor Investment said in a recent program on Schwab Network that the US government’s decision to allow Nvidia to sell chips in China could be “huge” for ASML Holding NV (NASDAQ:ASML). He explained why the company is important in the AI industry:

“ASML has been a company I’ve been following for the past few years. I am obviously a big fan. It’s been behind this chip revolution. It makes what people have called the most complicated machine humans have ever built and as you can imagine it is very expensive to produce. They are essentially the machine that makes the machine. So we can’t get these Nvidia chips without these ASML machines. And I think this China news could be really huge for this company. We remember they took a big write off, big leg down when the China news came out that Nvidia will not be selling to China earlier in the year. So it’s going to be interesting to see are we going to be able to recover all that? Yes, the stock actually has recovered from that gap right now, but a lot of that recovery was just from new businesses, existing growth of their business.”

Photo by Redd on Unsplash

Parnassus Growth Equity Fund stated the following regarding ASML Holding N.V. (NASDAQ:ASML) in its Q1 2025 investor letter:

“In Information Technology, we moved from an underweight to an overweight as we added new positions in Synopsys, ASML Holding N.V. (NASDAQ:ASML) and AppFolio while selling Adobe and Procore Technologies. ASML is a leading supplier of photolithography systems, equipment crucial for producing advanced microchips. It has a wide moat built on technology innovation, high market share and strong customer and supplier relationships.”

While we acknowledge the potential of ASML as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

Disclosure: None. This article is originally published at Insider Monkey.

Source link

Visited 1 times, 1 visit(s) today

Bitcoin Surges 1% to $119,700 as U.S.-China Tariff Truce Optimism Grows

Bitcoin surged to an intraday high of $119,700 over the weekend, driven by renewed optimism in U.S.-China trade relations as reports indicated a potential 90-day extension of their tariff truce. The cryptocurrency’s price rose nearly 1% in the past 24 hours, according to CoinMarketCap, with trading volumes spiking 17% to $56 billion. Bitcoin now trades

28 July 2025

China forges ahead with integrated development of sci-tech, industrial innovation

An aerial drone photo taken on Feb 18, 2025 shows farmers operating agricultural machines to carry out field management in Qiaocheng district of Bozhou city, East China’s Anhui province. (PHOTO / XINHUA) BEIJING – China is making concrete efforts in promoting the integrated development of scientific and technological innovation with industrial innovation, a guest speaker

28 July 2025

Smashing the News – China Media Project

On July 15, journalists investigating consumer reports of substandard electrical cable products at an industrial park complex in the southern Chinese province of Hunan were attacked by the executive of a cable company during a reporting visit to the firm’s offices. In an altercation that was caught on video and took social media by storm,

28 July 2025

News about - China builds Belarus’s future

China builds Belarus’s future | News.az

The scope of China’s “One Belt, One Road” initiative is truly vast and multifaceted. A notable example is the recent shipment of three tons of goods (comprising 25 product types) from Belarus to China’s Xinjiang Uygur Autonomous Region (XUAR) through the Khorgos checkpoint—marking the first such occurrence in history. In this context, it is worth

28 July 2025

Here's why China may benefit from Trump's actions with Europe : NPR

Europe hopes Trump will persuade China

The Asia-Pacific Economic Cooperation (APEC) summit will be held in the South Korean city of Gyeongju from October 30 to November 1. Given the current global geoeconomic processes, members of this forum will certainly have much to discuss. However, the main intrigue is expected to be the potential meeting between U.S. President Donald Trump and

28 July 2025

China Proposes The Establishment Of Global Organizations For AI Cooperation

JAKARTA The Chinese government proposes the establishment of a new organization to encourage global cooperation in the field of artificial intelligence (AI), in an effort to strengthen its position as an alternative to the dominance of the United States in this technology sector. This statement was delivered directly by Chinese Prime Minister, Li Qiang, at

28 July 2025

US and China to extend trade truce 90 days to avert tariffs: SCMP

The U.S. and China are expected to extend their ongoing trade truce by an additional 90 days, according to a report by the South China Morning Post (SCMP), which cited unnamed sources familiar with the matter. The extension would prevent the imposition of new tariffs between the two nations during the period, with the current

28 July 2025

Clean energy technology new driver of growth – Opinion

SHI YU/CHINA DAILY An International Renewable Energy Agency report says renewable energy capacity increased by 585 gigawatts, or a record 15.1 percent, worldwide last year, with China being central to this increase, contributing nearly 63.8 percent of the capacity growth. In fact, 2024 was a historic year for the Chinese economy and its sustainable development,

28 July 2025

Analyst Explains Why Nvidia China News Could be ‘Huge’ for ASML Holding (ASML)

Related Article