1 Green Flag for ASML Holding Stock in 2023, and 1 Red Flag
ASML Holding (NASDAQ: ASML) is not well-known among tech investors. The Netherlands-based enterprise produces semiconductor manufacturing equipment, including extreme ultraviolet lithography (EUV) machines. Chip manufacturers such as Taiwan Semiconductor (TSMC) and Samsung use that equipment to produce their most advanced chips.
Nonetheless, the stock experienced significant volatility over the last year and has remained expensive even as investors have soured on other semiconductor stocks. Hence, investors may wonder if a critical green flag for ASML stock outweighs a significant red flag.
The cutting edge of the semiconductor industry often focuses on TSMC. According to TrendForce, it is responsible for more than half of the world's third-party (foundry) chip production and leads the sector technologically.
Source Fool.com
