ASML Holding Doesn’t See A Memory Slowdown

  • ASML Holding posted a solid first quarter and guidance.
  • While Q2 gross margins are guided down, this problem will disappear during the rest of the year as margins will steadily improve.
  • Management also sees no signs of a memory market slowdown.
  • So we think shares will find support at the levels of today at the lower end of their rising trend channel.

Source: ASML Holding Doesn’t See A Memory Slowdown – ASML Holding N.V. (NASDAQ:ASML) | Seeking Alpha