◆ NeutralASMLMU
ASML Just Delivered Excellent News for Micron Stock Investors
The Motley Fool·
ASML reported strong Q3 earnings with 55% revenue growth and raised full-year guidance, signaling robust AI-driven semiconductor demand. The company is taking orders into 2029-2030 and expects supply constraints through 2028, which benefits memory chip makers like Micron. Despite broader tech sector weakness, supply constraints in the semiconductor industry are expected to persist for years, supporting elevated chip prices.
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