ASML offers a compelling long-term investment thesis. As a leading company in its field, it faces short-term headwinds from its second and third largest customers, Intel and Samsung, yet remains strong both technically and operationally. The company continues to enhance its EUV technology and productivity, which is expected to benefit its customers. We believe the shares present a favorable risk-reward profile over the next three years, as current market sentiment appears overly negative. Additionally, ASML's exemplary management team has consistently shown strategic foresight and operational excellence, further bolstering its market position and future prospects.
MarketAnalysis
