{"id":1441573,"date":"2025-09-24T08:22:52","date_gmt":"2025-09-24T06:22:52","guid":{"rendered":"https:\/\/www.payoff.ch\/news\/asml-data-hunger-meets-semiconductor-technology"},"modified":"2025-09-25T08:34:17","modified_gmt":"2025-09-25T06:34:17","slug":"asml-data-hunger-meets-semiconductor-technology","status":"publish","type":"post","link":"https:\/\/www.payoff.ch\/en\/news\/asml-data-hunger-meets-semiconductor-technology","title":{"rendered":"ASML: Data hunger meets semiconductor technology"},"content":{"rendered":"\n

Gigantic data centers are currently being built around the world with nothing else in mind but to satisfy the hunger for artificial intelligence (AI). Billions are flowing into server farms, GPUs and storage solutions. Open AI has just announced that it will spend around USD 100 billion on renting backup servers from cloud providers over the next five years. This investment is in addition to the USD 350 billion that the company has already forecast for server rentals from cloud providers by 2030. The crucial question remains: who will supply the technology that makes the underlying chips possible in the first place? There is no way around ASML<\/a><\/strong> here. The Dutch company is the only supplier of EUV lithography systems, which are indispensable for state-of-the-art semiconductors.<\/p>\n\n\n\n

Strategic investment<\/h3>\n\n\n\n

Against this backdrop, ASML has taken a spectacular step: For more than EUR 1.3 billion, the Group is acquiring a stake in the French AI start-up Mistral AI, which is considered the most valuable AI company in Europe at just under EUR 12 billion following the latest financing round. ASML is now the majority shareholder and this transaction is more than just an investment. The two tech companies are joining forces in the global race for AI supremacy. <\/p>\n\n\n\n

The latest figures show that the timing for such an alliance is favorable: The global AI upswing has recently fueled demand for high-end chips, and therefore also for ASML machines, enormously. In the second quarter, the company reported orders of EUR 5.5 billion, significantly exceeding estimates. At EUR 2.3 billion, the new high-margin EUV systems accounted for a large proportion of this. <\/p>\n\n\n\n

Hard to slow down<\/h3>\n\n\n\n

But not everything is running smoothly. Under pressure from the USA, ASML is no longer allowed to export its state-of-the-art systems to China. A painful cut, as the People’s Republic is one of the most important sales markets. Nevertheless, the Group remains present there: around a fifth of sales are to be generated in China in 2025 despite export restrictions. In operational terms, ASML underlines its market power with a high gross margin of 53.7%. In addition, the Dutch company’s zeal for innovation is unabated. With the High-NA-EUV systems, which cost more than USD 400 million each, the next generation is already available. Initial delivery successes are proof that customers are not afraid of even such high sums. <\/p>\n\n\n\n

Despite all the technological strength, the management is taking a more cautious view of the future. The company does not want to hold out the prospect of secure growth for 2026. Macroeconomic uncertainties, geopolitical tensions and US tariffs make forecasts difficult. And yet the share has recently shifted up a gear. Over a four-week period, the share price rose by a fifth, not only breaking out of its months-long sideways trend, but also marking a new high for the year. The market obviously believes in the long-term expansion of AI capacities and ASML is the key player in the semiconductor world. Analysts are also raising their price targets. BofA, for example, has revised its price target upwards from EUR 724 to EUR 941. <\/p>\n\n\n\n

Investment solutions<\/h3>\n\n\n\n

Anyone who believes that the ASML share has by no means reached its peak and has the potential to tackle old highs can bet on a continuation of the short-term upward trend with the Long Mini Future MASCBT<\/a><\/strong> from Leonteq. The product has a leverage of 3.7, the knock-out is at EUR 598.8705 and thus around a quarter away from the current price level. The Mini Future Long SU7BZU<\/a><\/strong> from UBS has even more power. The leverage is around 10, but the knock-out is less than 7% away. The stop loss level is EUR 760.4540.<\/p>\n\n\n\n

In the event that the tech stock takes a breather, the Barrier Reverse Convertible EPRRCH<\/a><\/strong> from Raiffeisen would be a suitable solution. The product offers the prospect of a high sideways yield of 14.6% with a buffer of just under 35%. The term of the BRC ends in one year on March 22, 2027.<\/p>\n\n\n\n

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In the wake of the global AI boom, the chip supplier is moving to the center of the digital revolution. With billions behind it and a new alliance, the share is currently heading north and has just broken out to the upside. <\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"footnotes":""},"categories":[222],"tags":[],"class_list":["post-1441573","post","type-post","status-publish","format-standard","hentry","category-trading-desk-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts\/1441573","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/comments?post=1441573"}],"version-history":[{"count":5,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts\/1441573\/revisions"}],"predecessor-version":[{"id":1441585,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/posts\/1441573\/revisions\/1441585"}],"wp:attachment":[{"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/media?parent=1441573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/categories?post=1441573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.payoff.ch\/en\/wp-json\/wp\/v2\/tags?post=1441573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}