3 Red Flags for ASML's Future
ASML (NASDAQ: ASML) is a linchpin of the semiconductor sector. The Dutch company is the world's largest manufacturer of lithography systems that are used to etch circuit patterns onto silicon wafers. It's also the only producer of high-end extreme ultraviolet systems (EUVs), which are required to manufacture the world's smallest and densest chips.
ASML's monopolization of this crucial technology makes it a reliable long-term investment in the semiconductor sector. It expects its revenue to have a compound annual growth rate of 10% to 14% from 2022 and 2030, and for its annual gross margin to expand from 50.5% in 2022 to anywhere from 56% to 60% in 2030.
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Source Fool.com
