ASML Shares Tumble. Time to Run for the Hills or Buy the Dip?

Shares of ASML Holding (NASDAQ: ASML) sank after the company warned it was uncertain about its growth outlook for 2026. The stock has fallen about 30% over the past year, as of this writing.For those unfamiliar with ASML, the Dutch company is a semiconductor equipment manufacturer that makes the devices that foundries, such as Taiwan Semiconductor Manufacturing, use to make chips. It has a virtual monopoly on extreme ultraviolet (EUV) lithography, which is the manufacturing process used create advanced chips, such as Nvidia's graphics processing units (GPUs).The company has also developed a new technology called a high numerical aperture extreme ultraviolet lithography system, or High NA EUV, to help shrink nodes. Nodes represent the size of the transistors used on a chip, and foundries and chipmakers are continually looking to shrink node sizes, as that makes the chips more powerful and energy-efficient. However, the cost of ASML's new High NA EUV machines is around $400 million each, which has led customers to push back. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool