ASML Shares Surge to Record High Amid Semiconductor Boom

The Dutch semiconductor equipment manufacturer ASML has seen its stock price ascend to unprecedented levels, driven by a wave of bullish analyst sentiment. The latest catalyst was a significant upgrade from research firm Bernstein, which propelled the shares to a fresh all-time high at the start of the week. Market enthusiasm is now centered on a powerful industry upswing, often termed a “DRAM supercycle,” that is pushing valuations into uncharted territory.

A comprehensive research note from Bernstein served as the primary driver for the recent price jump. The firm raised its rating on ASML to “Outperform” and dramatically increased its price target from $935 to $1,528. This new target implies a potential upside of Read more...