ASML Holding’s Next Earnings Report on Oct. 14 Could Send the Stock Soaring. Here’s Why.
There’s a good reason why ASML Holding (NASDAQ:ASML) is one of the most important companies in the semiconductor industry. And investors are about to get another look at just how valuable its technology has become.
The Dutch company will report third-quarter earnings on Oct. 14, and expectations are already running high. Analysts anticipate a big increase in revenue and earnings compared to a year ago, driven in part by demand for the advanced chips that power artificial intelligence (AI).
I like ASML because it has a competitive advantage that even the biggest names in the semiconductor industry can’t easily duplicate. That could make Wednesday’s earnings report especially interesting.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.