Driven by growing chip demand in 2025, analysts at Jefferies predict ASML Holding ( ASML) will likely enjoy a boom in orders in the next quarters.
Projected to reach 3.6 billion in the fourth quarter of 2024 and then accelerate to between 5 billion and 6 billion in the first quarter of 2025, the tech giant is likely to see a healthy bump in orders. Two important consumers connected to this expected increase are Samsung (SSNLF) and Taiwan Semiconductor Manufacturing (TSM).
Should Samsung be able to provide high-bandwidth memory chips to Nvidia (NVDA), Jefferies analysts are of the opinion that Samsung's orders might rise dramatically, directly benefiting ASML's revenue base. As demand for advanced chipmaking equipment drives recovery from recent slowdowns, the forecasted order shows that there's plenty in the tank for ASML.
Still a major supplier to the worldwide chip market, ASML is positioned to profit from the rising investment in innovative technologies ahead.
This article first appeared on GuruFocus.免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。