ASML Holding (ASML) Soars 3.03% on Bullish Semiconductor Outlook

Generated by AI AgentAinvest Movers Radar
Friday, Apr 11, 2025 4:16 am ET1min read
ASML--

On April 11, 2025, ASMLASML-- Holding's stock price rose by 3.03% in pre-market trading, reflecting investor optimism and positive market sentiment.

ASML Holding reaffirmed its long-term growth prospects during an investor day, projecting that global semiconductor sales would exceed $1 trillion by 2030, with an average annual growth rate of approximately 9% between 2025 and 2030. The company also committed to increasing dividends and share buybacks, aiming for an average sales growth rate of 8% to 14% over the next five years. This strategic outlook has bolstered investor confidence in the company's future performance.

ASML Holding's positive outlook is driven by the anticipated surge in demand for semiconductors, fueled by advancements in artificial intelligence. The company's forecast for 2030 sales, ranging from 44 billion to 60 billion euros, aligns with previous projections. ASML's Chief Financial Officer, Roger Dassen, emphasized the company's commitment to returning significant cash to shareholders through increased dividends and stock buybacks. Additionally, ASML expects its gross margin to remain between 56% and 60% by 2030, further solidifying its financial health and growth potential.

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