ASML Expected to Grow Robustly as Demand Visibility Improves -- Market Talk
Dow Jones2026/10/15 08:550855 GMT - Dutch semiconductor-equipment maker ASML Holding has good demand visibility and revenue opportunities that should allow it to grow strongly over the medium term, Citi analysts write in a note. They say ASML expressed confidence in the supply chain's ability to support output-expansion plans for its chip-making machines in 2027 and 2028. Meanwhile, they say the group should benefit from growing demand for upgrades and maintenance of machines that customers have already bought. That generates revenue for ASML. Analysts raise their target price for the stock to 2,300 euros from 2,200 euros. ASML shares trade 5.2% lower at 1,449 euros amid a broad selloff of stocks exposed to artificial intelligence. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
October 15, 2026 04:55 ET (08:55 GMT)
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