ASML Holding N.V. Aktie News

ASML's growth should start accelerating in the second half of 2024. The company's healthy order backlog and the growing demand for advanced chips for applications such as AI should help it grow impressively over the next three years.

ASML is essential to the semiconductor industry. Microsoft and Alphabet are both helping to lead the way on AI.

It's understandable why most of investor attention in the chips space right now goes to Nvidia (NASDAQ: NVDA ). The company continues to blow out earnings expectations and is the king of this space — no doubt.

Scottish Mortgage Investment Trust PLC (LSE:SMT) enjoyed a return to positive growth in the 12 months to 31 March, following two consecutive years of negative returns. The FTSE 100-listed trust's share price increased 32.5% in the period and the net asset value (NAV) on its holdings increased by 11.5%.

European tech giant ASML and the Eindhoven University of Technology said on Thursday they have agreed to spend a combined 180 million euros ($195 million) on semiconductor research over the coming decade.

Semiconductor stocks continue to be a hot corner of the market. As the technology that enables artificial intelligence applications and models, demand for shares of companies that design and fabricate microchips and semiconductors is growing exponentially.

A published report says sophisticated ASML microchip making equipment being used by Taiwan Semiconductor could be remotely disabled in the event that China attacks Taiwan to regain control of what it says is part of its country.

The artificial intelligence revolution has crowned several new stock market winners, many within the semiconductor sector. Several key names have seen their share prices rocket towards quadruple-digit prices per share.