ASML Q1 bookings miss forecast, but China sales hold up

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Go back to ASML Q1 bookings miss forecast, but China sales hold up

Share price weakness in this AI chipmaker is a buying opportunity - analysts

April 18, 2024 10:00 AM EDT

Analyst at Jefferies highlighted a weakening chipmaker stock that they believe represents a buying opportunity as they expect orders to rebound for the company.

The stock in question is ASML Holdings (NASDAQ: ASML). The firm explained that order weakness at the company is primarily because of an ongoing order drought from TSMC due to delays in concluding commercial discussions... More