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4. ASML Holding N.V. (NASDAQ:ASML)

Number of Hedge Fund Holders: 64

ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced equipment for chipmakers, specializing in lithography, metrology, and inspection systems for semiconductor production.

On January 30, Argus analyst Jim Kelleher reduced ASML’s price target from $1,250 to $1,000 while maintaining a Buy rating. He noted that ASML reported record Q4 revenue and earnings that exceeded expectations, although bookings, including extreme ultraviolet machines, declined 23% year over year. The company expects lower exposure to China in 2025 but sees stronger demand in other important markets.

Extreme ultraviolet machines are advanced lithography systems used in semiconductor manufacturing to produce smaller and more powerful chips. They are essential for producing cutting-edge processors used in AI, smartphones, and data centers.