ASML.AS · suggested 27 Sep
ASML makes the machines that make advanced chips and is the only maker of the extreme-ultraviolet lithography machines needed for the most advanced ones. It sits one step up the AI compute chain from TSMC, which is its customer. It is liked as a genuine single-supplier monopoly at the industry's bottleneck.
Where this sits in the cycle
As the pick most exposed to a fall in the AI-hardware multiple, it is the most sensitive to rising rates, since dearer money weighs hardest on the most expensive shares; order flow and China export limits are the other swing factors.
The diary
Each entry records the price of the day beside your judgment of it. The figures are captured once and never argue with memory; the words stay yours to rewrite or remove.
Today the price sits 5% below its 50-day average and 3% above its 200-day average.
ASML.AS · suggested 27 Sep
1 430 USD
-6,1% since suggestion at 1 522,6 USD
Measured in the same money, the pick is -6,1% against -8,6% for iShares Global Tech Index, the bet to beat, over the same stretch.
Daily closes, the newest refreshed through the trading day.