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the fair value for its stock goes up as well. And when a stock's fair value is higher than its current market price, investors tend to buy the stock, resulting in
MS followed UBS and Deutsche Bank in cutting estimates and reducing share price targets for ASML after the company's share price slid 30% in July and August. "Investors may have to wrestle with weakness not just with DRAM (memory chip market) but also with Intel ... a...
,ASML said it expects a sales boomover the next decade. It believes annual revenue will hit 24-30 billion euros ($28-$35 billion) by 2025, with gross margins up to between 54% and 56%. The prediction is significantly higher than the 15-24 billion euro range it had previously forecast...