What does ASML stand for?

ASML Holding N.V. (commonly shortened to ASML, originally standing for Advanced Semiconductor Materials Lithography) is a Dutch multinational corporation founded in 1984. ASML specializes in the development and manufacturing of photolithography machines which are used to produce computer chips .

Does the Motley Fool recommend ASML Holding?

The Motley Fool owns and recommends ASML Holding, Intel, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel and short January 2023 $57.50 puts on Intel. The Motley Fool has a disclosure policy. The Dutch semiconductor equipment maker faces near-term challenges.

Does ASML Holding (ASML) have a boom in chip equipment sales?

A Look Into ASML Holding Inc's Price Over Earnings - ASML Holding (NASDAQ:ASML) ASML Holding, Lam Research call for a boom in chip equipment sales to China Futures Fall On Earnings; Tesla Cuts Prices Again With Earnings Due Fiscal Q1 2023 ended 4/2/23. Reported on 4/19/23.

Is ASML a cyclical company?

ASML's growth is cyclical. Its last downturn occurred in 2019, when the semiconductor industry struggled with the slowdown of the smartphone market and a supply glut of memory chips.