30 Most Important AI Stocks According to BlackRock

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

Number of Hedge Fund Holders: 81 

ASML Holding N.V. (NASDAQ:ASML) makes and sells advanced semiconductor equipment systems. The company has been in the headlines over the past few days after the business it had with China has come under scrutiny of the US and Dutch governments. Last week, Dutch authorities said they would expand export licensing requirements for the DUV immersion lithography systems sold by ASML, effectively aligning the policies of the US and Netherlands in this regard. China has expressed dissatisfaction over the move, even going as far as to say that it would damage the relationship between the two countries over cooperation in semiconductors.

ASML Holding N.V. (NASDAQ:ASML) continues to attract positive analysis from Wall Street. Argus recently raised the price target on the stock to $1,250 from $1,000 and kept a Buy rating, noting that the stock had sold off following Q2 results despite topping expectations on revenue and earnings on commentary signaling the potential for additional tightening on semiconductor exports and looked favorably valued at current prices. The advisory added that the comprehensive product portfolio of ASML was aligned with customers’ roadmaps, providing cost effective solutions in support of all applications from leading edge to mature nodes.