ASML: Strong Quarter, Uncertain Guidance
ASML is the leading global supplier of advanced lithography equipment essential for microchip production, with some of their top systems costing approximately $400 million each. The company could greatly benefit from the surge in AI technology, as it increases the need for more chips and the machinery to produce them. However, due to the high cost of these systems, there can be significant fluctuations in profits on a quarterly basis.