ASML's 7.32 Billion Trading Volume Ranks 90th as Stock Climbs for Second Day

Generated by AI AgentAinvest Market Brief
Wednesday, Apr 2, 2025 7:54 pm ET1min read
ASML--

On April 2, 2025, ASML's trading volume reached 7.32 billion, ranking 90th in the day's stock market. ASMLASML-- rose by 0.25%, marking its second consecutive day of gains, with a total increase of 0.96% over the past two days.

ASML is the sole producer of advanced EUV lithography machines essential for 3nm chip manufacturing. This monopoly positions ASML as a critical player in the semiconductor industry, particularly as the demand for advanced chips continues to grow.

The U.S. has imposed restrictions on China's access to ASML's EUV machines due to national security concerns. In 2019, the U.S. successfully pressured the Dutch government to limit the export of these machines to China, further solidifying ASML's dominant position in the market.

From a valuation standpoint, ASML trades at a forward price-to-earnings multiple of about 30 based on 2025 estimates. This high valuation reflects investor confidence in ASML's monopoly on EUV machines and its potential for long-term growth.

Analysts expect ASML to achieve a 32% annualized long-term earnings growth rate. This optimistic outlook is driven by the company's dominant role in the AI chip supply chain, where its EUV technology is indispensable for producing the most advanced chips.

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