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The quarterly updates of ASML, a critical supplier to the semiconductor industry, are vital to understanding the state of that industry.
ASML (ASML -0.81%) told investors that anything related to artificial intelligence remains strong, but demand from other segments is recovering more slowly than expected.
*Stock prices used were the afternoon prices of Oct. 14, 2024. The video was published on Oct. 16, 2024.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML, Advanced Micro Devices, and Applied Materials. The Motley Fool recommends Intel and recommends the following options: short November 2024 $24 calls on Intel. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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