ASML Holding NV
ASML: XAMS (NLD)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€659.00 | Vwzz | Zcnftxgbqf |
ASML Continues a Robust EUV Lithography Pipeline Despite Potential Softening Capital Expenditures
Business Strategy and Outlook
ASML is the leader in photolithography equipment for semiconductor manufacturers. We expect it to materially benefit from the proliferation of extreme ultraviolet, or EUV, lithography and we believe the uncertainty concerning the long-term extent of EUV insertion has sufficiently diminished to justify a wide moat rating.