ASML Stock Keeps Falling: Time to Buy the Potential Stock-Split Stock?

The world is awash in semiconductors. Companies are spending tens of billions of dollars to build new computer chips for the artificial intelligence (AI) boom. It is no surprise, then, that one of the leading equipment makers for semiconductors, ASML (NASDAQ: ASML), was up 40% year to date at one point recently.As of this writing, the company has given up all of these gains. Even though the narrative was for insatiable demand for semiconductors in 2024, ASML posted slowing orders in the third quarter due to struggles in every other segment outside of AI.The stock is now down 36% from all-time highs set earlier this year, and yet it still trades at close to $700 a share, making it a potential stock-split candidate within the next few years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool