{"id":89803,"date":"2025-09-29T13:22:30","date_gmt":"2025-09-29T17:22:30","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=89803"},"modified":"2025-09-29T13:22:30","modified_gmt":"2025-09-29T17:22:30","slug":"mizuho-upgrades-asml-as-chip-demand-grows","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/mizuho-upgrades-asml-as-chip-demand-grows\/89803\/","title":{"rendered":"Mizuho upgrades ASML as chip demand grows"},"content":{"rendered":"<p data-start=\"113\" data-end=\"287\">Mizuho upgraded ASML to a Buy on Monday and raised its price target from \u20ac650 to \u20ac930. They see stronger-than-expected demand for ASML\u2019s EUV machines from major chipmakers.<\/p>\n<p data-start=\"289\" data-end=\"523\">The analysts expect ASML\u2019s earnings per share to grow 6 percent in 2026 and 21 percent in 2027. Growth will be driven by higher spending on wafer fab equipment from companies like TSMC, Samsung, Intel, and continued demand in China.<\/p>\n<p data-start=\"525\" data-end=\"773\">Samsung is expected to boost demand in 2026 with technology upgrades and capacity expansion for DRAM and N2 logic. Intel will also be a key customer, with stable EUV demand for its CPU products and potential 14A foundry work for Apple and Nvidia.<\/p>\n<p data-start=\"775\" data-end=\"946\">China remains important, with wafer fab equipment spending forecasted to grow 13 percent in 2026. ASML\u2019s business in China alone is expected to rise 4 percent next year.<\/p>\n<p data-start=\"948\" data-end=\"1088\">Mizuho now values ASML at 30 times estimated 2027 earnings, up from 25 times, saying the strong EUV demand justifies the higher valuation.<\/p>\n<p data-start=\"1090\" data-end=\"1219\" data-is-last-node=\"\" data-is-only-node=\"\">\n","protected":false},"excerpt":{"rendered":"<p>Mizuho upgraded ASML to a Buy on Monday and raised its price target from \u20ac650 to \u20ac930. They see stronger-than-expected\u2026<\/p>\n","protected":false},"author":294,"featured_media":89804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[9127],"class_list":["post-89803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-celebrity-news","tag-asml"],"reading_time":"1 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/89803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/294"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=89803"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/89803\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/89804"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=89803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=89803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=89803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}