ASML Holding's Next Earnings Report on July 15 Could Send the Stock Soaring. Here's Why.
The earnings report could be significant for the entire industry.
Overview
The build-out of artificial intelligence and computing capacity is lifting many tech stocks -- particularly in names essential to creating high-performance semiconductors for training and running AI programs. And while there are plenty of quality stocks to choose from, ASML Holding (NASDAQ: ASML) holds an enviable position that is paying off handsomely.
ASML stock is up 60% so far this year, making it one of the best performers in the Nasdaq-100 index. As the company prepares to release its second-quarter results on Wednesday, July 15, I think it's positioned to deliver something that could cause the stock to soar -- and have a similar impact on many chipmakers.
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Originally published at www.fool.com.