10 Important AI News on Investor Radars

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

Number of Hedge Fund Holders: 64

ASML Holding N.V. (NASDAQ:ASML) develops and supplies advanced semiconductor equipment to chipmakers worldwide. TipRanks reported on January 23 that Bank of America Securities analyst Didier Scemama maintained a Buy rating on ASML’s stock, mentioning strong earnings growth expectations of 16% annually until 2030, based on company guidance.

Despite concerns over potential declines in demand from China and challenges with Intel and Samsung, Scemama remains optimistic due to ASML’s solid long-term revenue prospects, especially from the growing AI accelerator chip market.