This Chip Company Is a No-Brainer Dividend Stock to Buy on the Nasdaq Correction

The tech sector has been getting hammered so far this year, down 10.5% at the time of this writing, which is slightly worse than the Nasdaq Composite. The Nasdaq is in a correction -- down over 13% from its all-time high at the time of this writing. Semiconductor stocks like Nvidia and Broadcom are down even further.ASML (NASDAQ: ASML), which makes the world's most advanced extreme ultraviolet (EUV) lithography machines, is getting dragged down with the broader sell-off even though the company's long-term future is brighter than ever.Here's why ASML is one of the most straightforward ways to invest in artificial intelligence (AI) and why the dividend stock is a high-conviction buy during the broader market sell-off.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool