20 Trending AI Stocks on Latest News and Ratings

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

Number of Hedge Fund Holders: 81

ASML Holding N.V. (NASDAQ:ASML) is a semiconductor company that develops, produces, markets, sells, and services advanced semiconductor equipment systems for chipmakers. This company provides the world’s leading chipmakers with the power to mass-produce patterns on silicon, thereby helping them make their chips faster, smaller, and greener.

In a recent turn of events, this tech company and key supplier of chip-making equipment accidentally published its Q3 earnings report a day early on Tuesday, October 15^th. Following the accidental release, ASML stock plunged 16% on the back of weaker-than-expected bookings as well as a reduced sales forecast for 2025. While the Dutch company posted strong third-quarter results, they were dampened by lower-than-expected net bookings of €2.6 billion, falling short of forecasts that ranged between €4 billion and €6 billion.

“ASML’s fat finger error isn’t cause for concern in itself, but the content of the release didn’t make comforting reading for investors”.

-Derren Nathan, head of equity research, Hargreaves Lansdown.

ASML’s reduced 2025 net sales guidance, driven by delays in EUV demand, alarmed investors and shook the market.

“While there continue to be strong developments and upside potential in AI, other market segments are taking longer to recover. It now appears the recovery is more gradual than previously expected. This is expected to continue in 2025, which is leading to customer cautiousness”.

-CEO Christophe Fouquet said in the news release.