Buy The Dip On These 10 Semiconductor Stocks Tumbling On China H20 Chip Sale Ban

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

Number of Hedge Fund Holders: 86

ASML Holding N.V. is a lithography solutions provider for the production, upgrading, development, marketing, servicing, and sales of advanced semiconductor equipment systems. The company provides metrology, inspection, and lithography systems.

The stock is taking a hit after the US government placed restrictions on the export of Jensen Huang-led company’s H20 chips to China. The first quarter bookings also missed estimates, adding to the pessimism surrounding the stock as well as the broader industry.

On the bright side, the 2025 net sales outlook remained unchanged, suggesting the company has a plan to deal with the export restrictions it frequently faces. The total revenue for 2025 is expected to land somewhere between 30 billion euros and 35 billion euros.

This is what the CEO of the company had to say about the ongoing uncertainty:

“There’s this new uncertainty around tariffs. And like many experts, many businesses are explaining this is, of course, something that we don’t know how to quantify yet. But this is adding definitely uncertainty on the long term.”

It is worth noting that the management sees stability in expected revenue despite cautioning that revenue from China will go down moving forward.