Report
Abhinav Davuluri
EUR 100.00 For Business Accounts Only

Raising ASML’s FVE to $160 as EUV Insertion Approaches for Foundry Customers

ASML reported third-quarter results that were consistent with our expectations and offered positive commentary that echoed sentiments proffered by Lam Research a day earlier. Adoption of extreme ultraviolet lithography, or EUV, appears to be on track based on ASML’s 2018 and 2019 shipment targets of 18 and 30 tools, respectively. These tools will be initially leveraged in foundry settings at TSMC and Samsung for their 2019 iterations of 7-nanometer technologies for roughly 10 layers of processin...
Underlying
ASML Holding N.V.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Abhinav Davuluri

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