Analysts are expecting a significant jump in ASML's earnings from $36 per share to potentially over $1,000 by 2045.
ASML Holding has already increased its stock price by 25% in the first quarter of 2024 and is expected to continue its bull run.
The chipmaker has already received orders worth billions of euros for AI-related projects.
The semiconductor equipment market is currently in recovery mode and is expected to see a significant increase in spending on manufacturing equipment.
Nvidia has been a hot commodity on the stock market in 2024, with solid gains of 58% already. However, there is another semiconductor bellwether whose shares have gained momentum and are expected to continue their bull run in 2024. ASML Holding (NASDAQ: ASML) has already increased its stock price by 25% in the first quarter of the year, with management indicating that it could keep heading higher as the year progresses.
The semiconductor equipment market is currently in recovery mode and is expected to see a significant increase in spending on manufacturing equipment. ASML received bookings worth 9.2 billion euros in the fourth quarter of 2023, resulting in an impressive order backlog of 39 billion euros at the end of the previous quarter.
Analysts are also expecting a significant jump in ASML's earnings from $36 per share to potentially over $1,000 by 2045. This growth is driven by demand for semiconductor manufacturing equipment and its use in artificial intelligence (AI) servers. The chipmaker has already received orders worth billions of euros for AI-related projects, indicating that the market is growing rapidly.
In conclusion, ASML Holding's bull run is set to continue in 2024 due to strong demand from the semiconductor equipment market and its use in AI. The company has already shown significant growth potential with its impressive order backlog and analyst expectations for future earnings.
Nvidia's market value topped $2 trillion on Friday morning
Only a handful of companies have ever hit the $2 trillion milestone, including Apple and Microsoft
The chipmaker hit a $1 trillion market cap in 2023, about 24 years after going public
Accuracy
No Contradictions at Time
Of
Publication
Deception
(30%)
The article is deceptive in several ways. Firstly, the title claims that Nvidia's market value briefly catapulted to $2 trillion when it actually only reached this threshold for a short period of time before falling below it again by the end of the day. Secondly, while Nvidia did report strong earnings and has been performing well in recent years, its success is not solely due to artificial intelligence mania as claimed in the article. In fact, other factors such as gaming and data center markets have also contributed significantly to Nvidia's growth. Lastly, the article uses sensationalist language such as
<em>Only</em> a handful of companies have ever hit the $2 trillion milestone, including Apple and Microsoft.
The title claims that Nvidia's market value briefly catapulted to $2 trillion when it actually only reached this threshold for a short period of time before falling below it again by the end of the day.
Fallacies
(85%)
The article contains several fallacies. The first is an appeal to authority when it states that Nvidia's stock pared some of its gains later in the day and led its value to edge below the $2 trillion threshold by the market's close. This statement implies that this was a significant event, but there is no evidence provided to support this claim. The second fallacy is an inflammatory rhetoric when it states that Nvidia has emerged as the poster child of AI on Wall Street and that it is crucial to the burgeoning AI space. This statement exaggerates Nvidia's importance in the industry, which may not be entirely accurate or fair. The third fallacy is a dichotomous depiction when it states that only a handful of companies have ever hit the $2 trillion milestone and mentions Apple and Microsoft as examples. This implies that there are no other successful companies in this category, but this is likely not true.
The stock pared some of its gains later in the day
Nvidia has emerged as the poster child of AI on Wall Street
Only a handful of companies have ever hit the $2 trillion milestone
Bias
(85%)
The article contains multiple examples of bias. Firstly, the author uses language that depicts Nvidia as a poster child for AI on Wall Street and implies that it is crucial to the burgeoning space. This statement is not supported by any evidence presented in the article and could be seen as an attempt to promote Nvidia's stock value rather than provide objective reporting. Secondly, the author uses language such as
Nvidia has emerged
The American chipmaker is unmatched
Site
Conflicts
Of
Interest (100%)
None Found At Time Of
Publication
Author
Conflicts
Of
Interest (50%)
The author has a conflict of interest on the topic of Nvidia's market value as they are reporting on it and have not disclosed any financial ties or personal relationships with the company.
ASML Holding stock is already up 25% in 2024 and management's comments indicate that it could keep heading higher as the year progresses.
The semiconductor equipment market is now in recovery mode with a predicted increase in spending on semiconductor manufacturing equipment to $124 billion by 2025.
ASML received bookings worth 9.2 billion euros in the fourth quarter of 2023, resulting in an impressive order backlog of 39 billion euros at the end of the previous quarter.
Analysts are expecting a significant jump in ASML's earnings from $36 per share to potentially over $1,000 by 2045.
Accuracy
Nvidia's market value topped $2 trillion on Friday morning
Only a handful of companies have ever hit the $2 trillion milestone, including Apple and Microsoft
Jensen Huang has made a pattern of positioning Nvidia in front of every big tech trend.
Deception
(80%)
The article is deceptive in several ways. Firstly, the author claims that Nvidia's gains are not surprising as it is projected to deliver another outstanding year of revenue and earnings growth due to demand for graphics cards used in AI servers. However, this statement ignores the fact that ASML Holding has already gained solid momentum on the market with a 25% increase in stock price in 2024. Secondly, the author quotes management's comments from ASML's annual report to support their argument about higher chip spending and revenue growth for ASML. However, this quote is taken out of context as it only mentions that the semiconductor equipment market is now in recovery mode and does not provide any specific information on ASML's expected revenue or earnings growth. Thirdly, the author uses a comparison between Nvidia's valuation and ASML's cheaper price-to-earnings ratio to suggest that investors should consider buying ASML before it soars further. However, this comparison ignores other factors such as market conditions and industry trends that could impact both companies differently.
The author uses a comparison between Nvidia's valuation and ASML's cheaper price-to-earnings ratio to suggest that investors should consider buying ASML before it soars further. However, this comparison ignores other factors such as market conditions and industry trends that could impact both companies differently.
The author claims Nvidia's gains are not surprising due to demand for graphics cards used in AI servers. This statement is deceptive because ASML Holding has already gained solid momentum on the market with a 25% increase in stock price in 2024.
The author quotes management's comments from ASML's annual report to support their argument about higher chip spending and revenue growth for ASML. However, this quote is taken out of context as it only mentions that the semiconductor equipment market is now in recovery mode and does not provide any specific information on ASML's expected revenue or earnings growth.
Fallacies
(85%)
The article contains an appeal to authority fallacy by citing the SEMI prediction of equipment spending in 2024 and ASML's revenue forecast for that year. The author also uses a dichotomous depiction by stating that the semiconductor industry is now in recovery mode, implying that it was previously struggling. Additionally, there are examples of inflammatory rhetoric used to describe the potential growth of ASML stock and its backlog.
The semiconductor equipment market is now in recovery mode: We believe that the market has now reached the lowest point of the dip, and although we cannot predict the exact nature of the slope ahead,
ASML delivered 27.6 billion euros in revenue in 2023, and it expects a similar level of revenue in 2024.
The company reiterated its 2025 revenue guidance of 30 billion euros to 40 billion euros for
ASML EPS Estimates for Current Fiscal Year Chart Investors can expect the stock to jump strongly in
Bias
(85%)
The article is biased towards ASML stock and its potential for growth in the semiconductor industry. The author uses language that depicts Nvidia as already having a rich valuation and not being worth investing in, while ASML is presented as a solid bet due to its expected revenue growth. Additionally, the author quotes management's comments about ASML's potential for continued growth without providing any context or counterarguments.
ASML EPS Estimates for Current Fiscal Year Chart Investors can expect a stock to jump strongly in 2024 and beyond
The semiconductor equipment market is now in recovery mode: We believe that the market has now reached the lowest point of the dip, and although we cannot predict the exact nature of the slope ahead,
Site
Conflicts
Of
Interest (50%)
The author of the article has a conflict of interest with ASML Holding and Nvidia as they are both companies in the semiconductor industry. The author also mentions their own investment in these companies.
Author
Conflicts
Of
Interest (50%)
The author has a conflict of interest on the topic of semiconductor industry and artificial intelligence (AI) as they have financial ties with Nvidia. The article also discusses ASML Holding which is another company in the semiconductor equipment market.
Nvidia CEO Jensen Huang is powering the AI revolution.
Jensen Huang has made a pattern of positioning Nvidia in front of every big tech trend.
Accuracy
Talking to Jensen Huang should come with a warning label as he is so invested in where AI is headed that, after nearly 90 minutes of spirited conversation, I came away convinced the future will be a neural net nirvana.
Deception
(30%)
The article is deceptive in several ways. Firstly, the author uses sensationalist language such as 'neural net nirvana' and 'fractal vortex' to create a false sense of urgency and excitement about AI. Secondly, the author quotes Huang out of context to make it seem like he is an expert in biology and drug discovery when his background is primarily in computer science. Thirdly, the article uses selective reporting by only mentioning positive aspects of Nvidia's hardware without providing any information on its limitations or drawbacks.
The author uses sensationalist language such as 'neural net nirvana' and 'fractal vortex'
Huang is quoted out of context to make it seem like he is an expert in biology and drug discovery
The article only mentions positive aspects of Nvidia's hardware without providing any information on its limitations or drawbacks
Fallacies
(75%)
The article contains several examples of informal fallacies. The author uses an appeal to authority by stating that Jensen Huang is the man of the hour and has made a pattern of positioning Nvidia in front of every big tech trend. Additionally, there are multiple instances where the author exaggerates or overstates their opinion about AI and its potential impact on society.
Jensen Huang is so invested in where AI is headed that, after nearly 90 minutes of spirited conversation, I came away convinced the future will be a neural net nirvana.
Bias
(80%)
Lauren Goode's article about Nvidia CEO Jensen Huang is heavily biased towards the positive aspects of Nvidia and its role in AI. The author uses phrases such as 'Jensen-pilled', 'Nvidia has ushered in a world where we talk to computers, they talk back to us, and eventually overtake us' which are exaggerated statements that portray Nvidia positively.
Talking to Jensen Huang should come with a warning label. The Nvidia CEO is so invested in where AI is headed that, after nearly 90 minutes of spirited conversation, I came away convinced the future will be a neural net nirvana.
Site
Conflicts
Of
Interest (100%)
None Found At Time Of
Publication
Author
Conflicts
Of
Interest (50%)
Lauren Goode has a conflict of interest on the topics AI and robot renaissance as she is reporting on Nvidia CEO Jensen Huang who is powering these fields.
