ASML Holding NV ADR
ASML: XNAS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$653.00 | Vjxmk | Dzkhjdxjr |
We Expect ASML to Enjoy Strong Growth in 2023 Despite Industry Headwinds Thanks to EUV
Business Strategy and Outlook
ASML is the predominant supplier of photolithography equipment for semiconductor manufacturers. We expect it to materially benefit from the proliferation of extreme ultraviolet, or EUV, lithography at leading-edge chipmakers, which we believe justifies ASML's wide economic moat rating.