Goldman Sachs’ 35 AI Superstars

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 appeal of this company as an investment lies in multiple factors. To illustrate, the company delivered consistent growth in revenue and improved profitability across three quarters of the fiscal year 2024. For instance, in Q3, the company reported total net sales of €7.5 billion, with a gross margin of 50.8% and net income of €2.1 billion, reflecting strong performance and profitability. In Q2, total net sales were €6.2 billion, with a slightly higher gross margin of 51.5% and net income of €1.6 billion, showing solid growth but a dip in profitability compared to Q3. For Q1, the company achieved €5.3 billion in net sales, with a gross margin of 51% and net income of €1.2 billion, marking a strong start to the year. Moreover, the company plans to expand its EUV capabilities through new innovations in single-patterning technology, specifically EUV 0.33 NA and EUV 0.55 NA systems, for both advanced Logic and DRAM manufacturing.