4 ms·

Intel even pre-ordered the next gen EUV (called High-NA EUV) machine from ASML that is still in development and isn’t expected to ship before 2025. Each one wil

Intel even pre-ordered the next gen EUV (called High-NA EUV) machine from ASML that is still in development and isn’t expected to ship before 2025. Each one will cost $320m

hnburnsy 5y ago
Cool, now trying to figure out why ASML's stock is doing so poorly (down almost 30%).
- opwieurposiu 5y ago
  Historically, the semiconductor business has been highly cyclical. High prices make firms overbuild capacity. Then overcapacity crashes chip prices. There is a good chance we are at the top of a cycle with this chip shortage thing. When you are at the top there is only one direction you can go...
  - hnburnsy 5y ago
    Thx! Maybe I'll DCA into the dip.
- gordon_freeman 5y ago
  They are just not able to ship faster and I think there was a fire in their factory a while ago which may contribute to even slower fulfillment...not sure though.
- xvilka 5y ago
  Because they aren't able to increase the production, and because they aren't able to sell to China. Which means no clients except TSMC, Samsung, and maybe Intel.
  - sylware 5y ago
    Heard the US admnistration under Trump "pressured" ASML (~netherlands) not to sell the state of the art EUV tools to China. True? how much true or how much false? Why? Because China would flood the world with dirt cheap open source based super performant (mobile/desktop/servers) royalty-free RISC-V cpus (and gpus...) using a top notch node process (that with tons of backdoors ofc)? ASML EUV tool: 20 millions of $, then 100 millions of $, and the next one would be 320 millions of $?
- ac29 5y ago
  The valuations on ASML are super high (approx 40 P/E ratio). ASML is a good company and the word got out, but it was overbought, seeing approximately 4x in price from the beginning of 2019 or so to now. The better question is why is the stock up several hundred percent in the past few years, even after falling a bit recently? The business is growing, but not that much. Good company, bad price.
- stingraycharles 5y ago
  ASML can’t keep up with demand, which is why the stock is down. Additionally, all tech stocks are doing poorly over the past month or two.

Intel even pre-ordered the next gen EUV (called High-NA EUV) machine from ASML that is still in development and isn’t expected to ship before 2025. Each one will cost $320m

hnburnsy 5y ago

Cool, now trying to figure out why ASML's stock is doing so poorly (down almost 30%).

opwieurposiu 5y ago
Historically, the semiconductor business has been highly cyclical. High prices make firms overbuild capacity. Then overcapacity crashes chip prices. There is a good chance we are at the top of a cycle with this chip shortage thing. When you are at the top there is only one direction you can go...
- hnburnsy 5y ago
  Thx! Maybe I'll DCA into the dip.
gordon_freeman 5y ago
They are just not able to ship faster and I think there was a fire in their factory a while ago which may contribute to even slower fulfillment...not sure though.
xvilka 5y ago
Because they aren't able to increase the production, and because they aren't able to sell to China. Which means no clients except TSMC, Samsung, and maybe Intel.
- sylware 5y ago
  Heard the US admnistration under Trump "pressured" ASML (~netherlands) not to sell the state of the art EUV tools to China. True? how much true or how much false? Why? Because China would flood the world with dirt cheap open source based super performant (mobile/desktop/servers) royalty-free RISC-V cpus (and gpus...) using a top notch node process (that with tons of backdoors ofc)? ASML EUV tool: 20 millions of $, then 100 millions of $, and the next one would be 320 millions of $?
ac29 5y ago
The valuations on ASML are super high (approx 40 P/E ratio). ASML is a good company and the word got out, but it was overbought, seeing approximately 4x in price from the beginning of 2019 or so to now. The better question is why is the stock up several hundred percent in the past few years, even after falling a bit recently? The business is growing, but not that much. Good company, bad price.
stingraycharles 5y ago
ASML can’t keep up with demand, which is why the stock is down. Additionally, all tech stocks are doing poorly over the past month or two.