ASML Holding

ASML lost about 4.3% after comments from the OpenAI and Anthropic chiefs calling for a temporary slowdown in the development of advanced AI models, which weighed on demand expectations for chip-equipment suppliers. Additional pressure came from Morgan Stanley, which cut its price target from €1,930 to €1,700 while keeping the rating at overweight. Without new company-specific news and ahead of the next quarterly results, the stock looks vulnerable to industry-wide risk aversion, while ASML’s fundamentals remain intact. » Więcej na de.investing.com

ASML and TSMC are collaborating to move High-NA EUV lithography from 6-inch to 12-inch masks, which ASML expects could raise scanner productivity by about 40% and remove stitching constraints. The larger-mask approach aims to improve economics for ASML's High-NA platform and help TSMC lower chip-making costs, but adoption faces high capital costs and staging delays. A pilot line is targeted for 2031 with production readiness by 2033, making the productivity gains a long-term, not immediate, earnings catalyst. » Więcej na finance.yahoo.com

TSMC and Samsung plan to use ASML's new high-NA EUV technology to produce finer structures for AI chips and modern memory; Intel is also a customer. TSMC intends to use the machines in volume production from 2030, Samsung already from 2028 for DRAM production. Each tool costs around $400 million, and together with partners the companies are pushing the switch to larger 12-inch photomasks. The announcements increase clarity about future demand and support ASML's outlook. » Więcej na deraktionaer.de