Coatue’s 35 Most Important AI Stocks

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

Number of Hedge Fund Holders: 64 

ASML Holding N.V. (NASDAQ:ASML) makes and sells advanced semiconductor equipment systems. The report for the third quarter of 2024 reflects the robust financial growth of the company. The reported net sales were €7.5 billion, gross margin was 50.8%, and net income was €2.1 billion. Also, quarterly net bookings were €2.6 billion, of which €1.4 billion is EUV. This reflects great financial performance, with strong revenue growth, high profitability, and solid demand for advanced technology products like EUV systems. The company’s EXE systems are the latest generation in EUV lithography with a numerical aperture (NA) of 0.55, and their innovative new optics provide higher contrast and print with a resolution of just 8 nm. This platform will support high-volume chip manufacturing in 2025–2026, enabling geometric chip scaling into the next decade.

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