asml stock soars: strong buy rating signals major 2025 growth

2025-05-30 asml

amsterdam, Friday, 30 May 2025.
asml holding nv (asml) is predicted to strongly rebound in 2025. analysts are giving a ‘strong buy’ rating upgrade. revenue is expected to jump 20.3% after a contraction this year. despite us restrictions on china’s access to semiconductor tech, asml’s euv segment is expected to drive growth, with new product launches and customer adoption. this upgrade is based on an attractive valuation after a 22% stock price decline.

impact of ai demand on asml

The semiconductor market’s strength is a key factor in ASML’s projected growth [1]. Investments in artificial intelligence infrastructure are boosting demand. Strong demand for logic and memory chips further supports this outlook [1]. The stabilization of the DAO segment also contributes to the positive forecast. Citi analysts suggest that nvidia’s strong sales forecasts are a positive sign for european semiconductor companies involved in ai, including asml [3]. Nvidia’s projected revenue for the current quarter is approximately $45 billion, plus or minus 2% [3].

us restrictions and market uncertainty

Despite positive projections, ASML faces challenges from us restrictions on exports to china [1]. These restrictions create uncertainty in the hardware market. ASML has lost over $130 billion in market capitalization from its high point due to export limitations to china and tariff uncertainties [7]. ASML themselves warned that they cannot quantify the impact of potential tariffs on the semiconductor industry [2]. The ratio of positive to negative comments on the macroeconomy has fallen below average, reaching levels last seen in 2009 [2].

dell’s ai server surge

Dell Technologies is experiencing a surge in ai server orders, reflecting strong ai infrastructure demand [4]. Dell’s ai server orders for the quarter exceeded their entire fiscal year 2025 ai server shipments [4]. Dell anticipates continued expansion in its computer, server, and storage businesses [4]. Dell’s chief operating officer, Jeff Clarke, noted that the company secured $12.1 billion in ai orders in a single quarter. This contributed to a backlog of $14.4 billion [4]. This ai momentum, despite tariff pressures, suggests sustained demand for ai computing power [4].

nvidia’s performance and export controls

Nvidia’s first-quarter revenue reached $44.1 billion, a 69% increase year-over-year [5][6]. However, nvidia anticipates approximately $8 billion in lost revenue in the second quarter due to recent export controls [6]. Restrictions on exporting data center ai chips to chinese customers have impacted nvidia’s h20 chip [5]. Nvidia recognized a $4.5 billion impairment provision due to these restrictions [6]. Despite these challenges, nvidia ceo jensen huang predicts record ai chip sales for blackwell series products [5].

market dynamics and asml’s position

The us international trade court blocked tariffs announced by the trump administration, questioning their legality [5]. However, a us appeals court allowed the tariffs to remain in effect during litigation [4]. Despite tariff concerns, demand for ai infrastructure remains robust [4]. Asml’s euv segment, especially high-na systems, is expected to be a primary growth driver [1]. This growth is further supported by new product launches and customer adoption [1]. Citigroup analysts believe that increased confidence in future ai demand is beneficial for european semiconductor companies [3].

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asml stock rating upgrade