I would like to briefly introduce you to a company that I believe will benefit massively from the development of chip technology in China. The company in question is $1347 (+0%) . Just as the USA is trying to become independent of China, China is doing everything in its power to end its dependence on Western technologies. And they have recently achieved a major breakthrough in the chip sector, which could also break the dominance of $ASML (+0,85%) could be broken.
China is currently planning the mass production of high-quality AI chips using its own ASML technology in 2028. The main beneficiary will of course be first $981 be first. But they have already done very well. $1347 (+0%) In my opinion, ASML has potential again after the 25% setback. Especially as 20% of the market cap is covered by cash reserves. Of course, with a P/E ratio of 80 and a KUV of 6, this is no widow and orphan stock! But you don't expect that from me either. I would definitely see 50% potential here over the next 6-12 months.
