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ASML Holding N.V. reported uninspiring earnings results, leading to a steep sell-off.
Long-term investors may see the share price decline as a buying opportunity.
The article discusses the impact of Artificial Intelligence on the broader chip industry and updates the thesis on ASML.
Article Thesis
ASML Holding N.V. ( ASML ) is one of the most important companies in the wider chip industry. The company's most recent earnings results, reported on Wednesday morning, were uninspiring, however, which caused a steep sell-off. For longer-term investors who believe in the chip story, this share price decline could be a buying opportunity, however.