Ex-TMF Analyst Nick Rossolillo raises that very pertinent question about the long term outlook for ASML’s machines as it works through its record Net Order Bookings:
‘Investor Nick Rossolillo, who hosts the Chip Stock Investor podcast and has owned ASML shares since 2022, said one concern is that governments are supporting construction of new chip plants in U.S., Japan, Europe, China, South Korea and Taiwan.
“Government subsidies are fantastic for … equipment providers like ASML during this construction boom. But what happens in 2028-30 when all that extra capacity comes online?” Rossolillo said.’
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