Market News / Story
ASML Stocks Slip 1.5% as Mistral Extends AI Into Chip Design
GuruFocus ·
GuruFocus reports: ASML Holding , the advanced-lithography systems supplier, faces a fresh test of its AI investment after Mistral unveiled Large 4 and named chip design among its capabilities, with U.S. shares down approximately 1.5% at 11.15am EST to $1,806.74 on October 7. The bigger question: can better AI translate into better chipmaking equipment? The picture shows shares trading 41.86% above GF Value of roughly $1,270, leaving a demanding valuation for the business to justify. ASML…