Intel's Comeback Plans Make ASML a Key Player and the Stock Exciting Again

In recent months, ASML has come under pressure on the stock market. Several major chip manufacturers have postponed or canceled planned factories, government subsidies have flowed more slowly than hoped, and U.S. export controls have hampered sales in China. The result: weaker order intake and a noticeable decline in share price. However, against this backdrop, the Intel-NVIDIA deal could bring about a turning point. If Intel seriously launches its foundry offensive, the company will need to invest billions in state-of-the-art EUV technology –...