ASML in Pivotal Point Check: Tailwind from Strong Numbers from Contract Manufacturer TSMC – Berenberg with Buy Recommendation!
Reading Time: 3 minutes
The AI boom gave the contract manufacturer TSMC a profit surge by the end of 2024. The success of ASML depends on whether chip manufacturers will ramp up their investments. If a general demand revival starts in the chip industry, the ASML stock could reach new highs. The AI boom led to a profit surge for TSMC by the end of 2024. The world's largest chip contract manufacturer, with major clients like Apple and Nvidia, increased its net profit in the fourth quarter by 57% year-over-year to 374.7 billion Taiwan dollars (11.05 billion euros)....
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