It will take China years to catch up with ASML Holding NV’s chipmaking technology, according to a senior executive at the Dutch firm.

I reiterate a 'Buy' rating for ASML with a one-year target price of US$864 per share, driven by AI's continued growth.

ASML's (NASDAQ:ASML) stock jumped about 7% premarket on Wednesday after fourth quarter results beat estimates and booking orders well exceeded analysts expectations. The Dutch company — which makes extreme ultraviolet lithography,

ASML stock rose nearly 6% premarket after the Dutch semiconductor equipment company posted better than expected fourth quarter earnings and its CEO dismissed concerns over DeepSeek AI.

Shrugging off fears prompted by Chinese AI firm DeepSeek, Dutch computer chip equipment maker ASML on Wednesday reported better than expected fourth-quarter bookings of 7.088 billion euros ($7.39 billion), on strong demand for its advanced tools.

Dutch chip equipment maker ASML Holding NV beat the fourth quarter earnings estimates and posted record net sales on an annual and sequential basis, on Wednesday. The company also reduced its Chinese market share in Q4.

Dutch Prime Minister Dick Schoof held "critical conversations" with visiting Chinese Vice Premier Ding Xuexiang, he said on Friday, including discussions on human rights and on semiconductor equipment supplier ASML .

Overall, ASML Holding N.V. reported a very strong Q4 and set the stage for a promising fiscal '25 performance. Learn more about ASML stock here.

Dutch semiconductor equipment maker ASML on Wednesday reported better-than-expected net sales and profit results for the fourth quarter.

After sending shockwaves through the semiconductor industry following a third-quarter earnings miss, scrutiny is building ahead of ASML Holding NV’s results next week with uncertainty over the spending plans of its top clients.

The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector.

Valued on earnings, shares of Lam Research look the cheapest today, valued just a little over 25 times trailing earnings. KLA stock is more expensive at 34 times earnings, while ASML looks most expensive at a P/E ratio of 40. I hesitate to call any of the three stocks a "bargain," however.