China’s chip equipment spending to drop sharply in 2025, says UBS By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 29 2024
0mins
Should l Buy ASML?
Source: Investing.com
China's Semiconductor Spending Forecast: UBS predicts a decline in China's semiconductor equipment spending, estimating $29.7 billion in 2025 and $28.4 billion in 2026 due to U.S. export controls and weaker demand, marking significant drops from previous projections.
Impact on Local Companies: Despite challenges, local Chinese firms are expected to gain market share, with UBS recommending investment in NAURA Technology Group for its growth potential while downgrading Advanced Micro Fabrication Inc due to recent stock price increases.
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Analyst Views on ASML
Wall Street analysts forecast ASML stock price to rise
12 Analyst Rating
12 Buy
0 Hold
0 Sell
Strong Buy
Current: 1320.830
Low
1385
Averages
1583
High
1911
Current: 1320.830
Low
1385
Averages
1583
High
1911
About ASML
ASML Holding N.V. is a holding company based in the Netherlands. The Company operates through its subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, South Korea, Taiwan, Singapore, China, Hong Kong, Japan, Malaysia and Israel. The Company operates through one business segment which is engage in development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems, consisting of lithography, metrology and inspection systems. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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