ASML : New CEO: continuity, but probably an even more pronounced tech focus, target price raised to € 800 vs € 720
>Christophe Fouquet named future CEO, to replace Peter Wennink (current CEO) and Martin van den Brink (CTO) - ASML yesterday morning announced its intention to appoint Christophe Fouquet, currently Chief Business Officer and executive committee member, as the group’s new chairman and CEO. This appointment is still subject to the notification of the AGM in April 2024. At that point, the joint chairmen of ASML Peter Wennink (CEO) and Martin van den Brink (CTO), both 66...ASML Holding provides lithography systems for the semiconductor industry, manufacturing machines that are used in the production of integrated circuits or chips. Co. develops, produces, markets, sells and services advanced semiconductor equipment systems exclusively consisting of lithography systems. Co. sells its products to micro-processor manufacturers and Foundries, NAND-Flash memory and DRAM memory chipmakers. Co.'s products line includes the following: PAS 5000 lithography systems, which Co. no longer manufactures but continues to refurbish; PAS 5500 products; TWINSCAN DUV systems and TWINSCAN EUV systems based on a new platform utilizing the concepts of the TWINSCAN platform.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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