Why ASML Remains the Top Pick of BofA Analysts
Without the highly complex machines from ASML, the AI revolution would be unimaginable. An analysis by Bank of America highlights what makes the company so valuable and why the upward trend of the stock is likely to continue.
Just a few days ago, the Dutch chip supplier surpassed luxury giant LVMH as the second most valuable company in Europe. A success story that is expected to continue in the just beginning era of Artificial Intelligence. This is the opinion of the Bank of America analysts. BofA research analysts Didier Scemama and Vivek Arya have raised their revenue expectations in a new analysis. At the same time, the price target is increasing.
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Biography
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