ASML Holding N.V. - New York Registry Shares (ASML)
678.02
-54.20 (-7.40%)
ASML Holdings is a leading supplier of photolithography equipment used in the semiconductor manufacturing industry
The company specializes in the development and production of advanced systems that enable chip makers to create smaller, more powerful integrated circuits. ASML's technology plays a critical role in the production of high-performance microchips, which are essential for a wide range of applications, from consumer electronics to advanced computing and telecommunications. The company is recognized for its commitment to innovation and is a key player in the global semiconductor supply chain, driving advancements that support the ongoing demand for increasingly complex electronic devices.
TLCI, Touchstone's actively managed ETF, targets non-U.S. large-cap equities for long-term growth. It's the third ETF launch this year, bringing the total to 10.
ASML anticipates its China sales share will decline from 36% to 20% in 2025 as stricter U.S. regulations limit access to its advanced chipmaking tools.
In a move to further tighten the noose on China's burgeoning tech sector, President Donald Trump is reportedly considering stricter measures on the country's semiconductor industry. This move is seen as an extension of efforts initiated under the Joe Biden administration to curb China's technological advancement.
Taiwan Semi's rumored acquisition of Intel could hinder Samsung's chip-making profit. Trump's takeover proposal for Intel's foundry biz adds to uncertainty.
