12 AI Stocks Poised for Massive Growth

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

Number of Hedge Fund Holders: 86

ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing. On March 11, the company announced that it has signed a new strategic partnership agreement with imec, a leading research and innovation hub in nano-electronics and digital technologies, focused on semiconductor research and sustainability.

The five-year partnership agreement will leverage ASML’s complete product portfolio, including 0.55 NA EUV, 0.33 NA EUV, DUV immersion, and other advanced technologies, with the tools installed in imec’s pilot lines to accelerate advancements in semiconductor technology, memory, and AI applications. A pilot line is a pre-commercial production line used to test new technologies and processes before full-scale production.  Besides research and sustainability, the new partnership between ASML and imec will also fund innovative ideas and activities in imec’s research funnel to drive environmental and societal benefits.

“This agreement marks the next step in the longstanding co-operation between ASML and imec. It signals our joint ambitions to develop solutions for the semiconductor industry and fits our strategy of investing in technology and innovation that will benefit society at large.”

– ASML’s president and CEO Christophe Fouquet

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