1. The article predicts that the US-China military AI competition may lead the US to increase pressure on the Netherlands for stricter export controls. 2. There is a small but significant risk that ASML may lose its DUV export license to China, which could severely impact revenue normalization in this region in 2025. 3. A downward revision to ASML's 2025 guidance could trigger a significant sell-off and push the share price towards the mid-$500 support level. 4. Despite the long-term outlook potentially improving with high NA EUV system sales in 2026 and beyond, the author rates ASML as a strong sell with a 12-month timeframe.
Related Articles
- ASM announces outcome of preliminary assessment new export regulations11 months ago
- ASML's Export Controls and Impact on China's Semiconductor Industry11 months ago
- Top 10 Semiconductor Foundries at 4.3% QoQ Drop in 1Q24 Revenue as SMIC Climbed to 3rd Spot, Says TrendForceover 1 year ago
- Selling the Forges of the Future: U.S. Report Exposes China’s Reliance on Western Chip Tools4 days ago
- China’s new rare-earth curbs target chipmaking industry in retaliation to US restrictions — rare earth curbs reach back to older 14nm process tech and 256-layer memory7 days ago
- 1 REIT To Sell And 1 REIT To Buyabout 1 month ago
- Nvidia says H20 export controls didn’t stop China’s AI progress — claims 'they only stifled U.S. economic and technology leadership'2 months ago
- AMD: What The Market Is Missing2 months ago
- U.S. legislators criticize decision to resume Nvidia H20 GPU shipments to China — demand new export rules for AI hardware3 months ago
- Week Ahead: U.S. CPI And Import Prices May Keep Fed's Standpat Decision Unanimous Amid Threats Of A Higher Universal Tariff3 months ago