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Should ASML Investors Be Worried About Applied Materials' New Machine?

ASML's stock price dropped on Tuesday, while Applied Materials investors rejoiced.

By Jose Najarro – Mar 1, 2023 at 6:30AM EST

Applied Materials (AMAT +1.05%) announced two new products increasing its solution offerings for the semiconductor manufacturing market. A quick look might show a bearish case for ASML (ASML 0.60%), but is that true? Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Feb. 28, 2023. The video was published on Feb. 28, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Jose Najarro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML and Applied Materials. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

Applied Materials Stock Quote
Applied Materials
NASDAQ: AMAT
$340.82
(+1.05%)+$3.55
ASML Stock Quote
ASML
NASDAQ: ASML
$1,343.43
(-0.60%)-$8.15

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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