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Why ASML Holdings Rallied in June
Gartner says semiconductor revenue will rise 64% to $1.32 trillion in 2026 as AI demand drives more spending on advanced chips and equipment.
Summary
Key PointsSpaceX's IPO gave the company funds to begin its Terafab project, with Musk praising ASML specifically. Major memory makers announced big capital expenditure increases. Wall Street analysts also raised their expectations for semiconductor equipment spending out to 2028.10 stocks we like better than ASML › Shares of semiconductor equipment giant ASML Holdings (NASDAQ: ASML) rallied 24.3% in June, according to data from S&P Global Market…