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Stiles Financial Services Inc raised its position in ASML Holding (NASDAQ:ASML – Free Report) by 27.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,896 shares of the semiconductor company’s stock after buying an additional 627 shares during the […]
US demands that ASML stop servicing some of the equipment it's sold to Chinese customers, Dutch government is buckling under intense pressure.
First National Bank of Hutchinson bought a new stake in ASML Holding (NASDAQ:ASML – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 270 shares of the semiconductor company’s stock, valued at approximately $204,000. A number of other institutional investors and hedge […]
U.S. demands that chipmaking giant ASML stop servicing some equipment it has sold to Chinese customers are a diplomatic and business headache for the Dutch government, but signs are it will continue to align with Washington on export restrictions. Although Prime Minister Mark Rutte's government is reluctant to make a blanket decision, its public statements and national security interests suggest it will be slow to approve Chinese maintenance requests in future and quick to deny them. That would be a setback for China's attempts to build up its domestic chip industry, because ASML g...
Growing chip demand is a long-term catalyst that could lift the stock to new highs.