I’m looking at asml and want to make a basket of stocks, what else would we put in that basket? It seems to stand alone in many ways.
ASML makes manufacturing equipment for semiconductors. Others in this group usually mentioned include Lam Research (LRCX), KTA Tencor (KLAC), and Cadence Design (CDNS). There may be more.
They continue to remind us commodity semi-conductors is a cyclical business. ASML recently announced lower earnings projections due to the slump at least in smart phone chips. The AI segment continues to do well but the commodities are much larger.
For a list of more check out SOXX, the Philadelphia Semiconductor etf.
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