ASML Holding Soars 3.41% on Bullish Outlook

Generated by AI AgentAinvest Pre-Market Radar
Thursday, May 29, 2025 4:18 am ET1min read

On May 29, 2025,

Holding's stock price surged by 3.41% in pre-market trading, reflecting a strong bullish sentiment among investors.

ASML Holding, a leading Dutch semiconductor equipment manufacturer, reaffirmed its long-term growth prospects during an investor day event. The company anticipates that the global semiconductor market will exceed $1 trillion by 2030, with a compound annual growth rate of approximately 9% between 2025 and 2030. ASML projects an average sales growth rate of 8% to 14% over the next five years and has committed to increasing dividends and share buybacks.

ASML's Chief Financial Officer, Roger Dassen, confirmed the company's capital allocation strategy, which includes significant cash returns to shareholders through increased dividends and stock repurchases. The company also expects its gross margin to be between 56% and 60% by 2030. ASML's focus on the growing demand for semiconductors driven by artificial intelligence is a key factor in its optimistic outlook.

Investors have responded positively to ASML's long-term growth strategy and its commitment to returning value to shareholders. The company's strong market position and innovative technology in the semiconductor industry continue to drive investor confidence.

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