Intel
INTC in depth TA - INTEL bullish?hey guys its amir whats up?
so NASDAQ:INTC let analyze:
first of all ill start by saying that intel is on uptred for over 6 months. now lets get into details:
- you can see that intel is trading in a uptrend channel for over 6 months, every time the price touched at the bottom trend line the bounced up and every time it touched the upper trend they dropped down, we recently touched the bottom trend line and the price did bounced from there.
- we have on the way up some more major supports and resistances right now the price is in the middle of a support and resistance so for perfect entry ill wait till the price will reach to one of the cyan x's which marks solid entries points.
- lets talk about the MA's, first the 50MA, clear uptrend. 200MA, turned uptrend 3 months ago.
Now lets look at our indicators:
- RMACD crossed bullish about two weeks ago, and now losing a lot of momentum so I think we should wait the RMACD to make a bearish cross and wait till its will cross bullish again, or to see if the momentum is getting stronger in the coming days.
- Volume tells me that its better wait a bit more to see what is going on there.
- good buying pressure moves between moderate and strong buying pressure.
so in conclusion i'd say that now the best thing to do is to wait a little more at least till the price will reach to one of these cyan x's and there we can manage the risk reward in our favor.
price prediction is about $40
INTC: Bullish Shark and Breaking Back Above The 200 Month SMAIntel has made a full reset down to the PCZ of a perfect Bullish Shark Harmonic on the Monthly Timeframe and it went below the 200 Month Moving Average to do so but it was short lived as price only a month later managed to get back above the 200SMA and close above it. I now believe that we could atleast see price test the 50% - 61.8% Retraces above but if the Dow reaches all time highs as i am somewhat leaning towards then we may see Intel make an even more surprising and extended move to the upside from here beyond the .618 retracement.
WOW OH WOW. Minus $1 to target please!!INTC is failed the most recent high, it broke its uptrend and sold off right below the point of control (yellow line). I would expect a sell-off to continue to the .382 (white line which is also the next area with the most amount of volume traded.
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INTEL 10-month Channel Up targeting $40 and $43 in extension.Intel Corporation (INTC) has been trading within a Channel Up throughout the whole year and as you can see on the chart, the pressure points are best displayed with the use of the Fibonacci Channel levels. Last Thursday's bottom on the Higher Lows trend-line couldn't have come at a stronger demand level, as it hit (and immediately rebounded on) the 1D MA200 (orange trend-line).
The price even broke and closed above the 1D MA50 (blue trend-line) yesterday and more importantly completed the first 1D MACD Bullish Cross below 0.0 since August 30. It is a similar rebound sequence where again the price was just above the 1D MA50 and eventually completed a +25.24% rise, marginally above the 1.382 Fibonacci horizontal extension. Every time the 1D MACD formed a Bullish Cross below 0.0 within this Channel Up, we had the same bullish confirmation signal and the stock rose by +25.24%, +38.83%, +36.47% on those occasions, always hitting at least the 1.382 horizontal Fib level.
As a result, we expect the stock to complete the 'minimum' +25.20% fractal rise, thus we target $40.00 on the short-term and on the long-term, extend to at least $43.00, which is the 1.382 Fibonacci extension and would make an optimal technical Higher High on the 2023 Channel Up.
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Intel's Is Gaining MomentumPrice Movement
INTC is trading near the top of its 52-week range and above its 200-day simple moving average.
Investors are applying buying pressure to INTC shares today.
Intel (INTC) reported third quarter results that surpassed expectations on both revenue and earnings. The company also issued better-than-expected fourth quarter guidance. Intel CEO Pat Gelsinger acknowledges there were some headwinds Intel was facing when he took the job, and his goal was to "rebuild this iconic company." With the latest results, he says "people can see the momentum is building" at Intel thanks to cost-saving initiatives, product execution, and its internal foundry model.
Intel plans to launch new products including the Core Ultra processor, which Gelsinger nicknamed the "AI PC". Gelsinger says the AI PC aims to keep users from having to go to the cloud to utilize AI, instead, the features and data are readily available on the device itself to improve productivity. Gelsinger says these products will help Intel capitalize on the "surge in AI interest we're seeing across the board."
With new products slated to launch over the next two years in its data center unit, Intel CEO Pat Gelsinger believes the chipmaker can regain lost market share and boost competitiveness, stating 2024 is when Intel will "start gaining back share" thanks to its upcoming product releases.
INTC Intel Corporation Options Ahead of EarningsIf you haven`t bought the Double Bottom on INTC here:
Then analyzing the options chain and the chart patterns of INTC Intel Corporation prior to the earnings report this week,
I would consider purchasing the 34usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.56.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
intel - analysis - inside 💻Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📉 INTC has been overall bullish trading inside the rising wedge pattern in blue and it is currently approaching the lower bound / blue trendline.
Moreover, the 31-32 is a strong support zone.
🏹 So the highlighted red circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As INTC approaches the lower purple circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Intel (INTC) -> Don't Forget This StockMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Intel.
Looking back at January of 2023 - after a massive dump during 2022 - Intel stock perfectly retested and started to reject a major monthly structure level at the $27 level.
With the next clear resistance level being at $46 I am now expecting more upside on Intel stock before we could then see a short term rejection away from the $46 resistance area.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
INTC IS A BIG LONG TERM BUY TRUST MEINTC is looking very good my friends. It is a good time to buy long and hold. Minimum position length I would say 2 months. Maximum length infinite. Do not be dumb. INTC is INTC we are living in computer world. NOW REMIND ME WHAT CPU STANDS FOR. CENTRAL PROCESSING UNIT. WITHOUT CPU THEN COMPUTER IS MORE LIKE PPU (POOPY POOP UNIT) ONLY 2 BIG CPU AMD AND INTC AMD IS BEING PPU BUT INTC BEING BCPU (BEAST CENTRAL PROCESSING UNIT) so be smart my friends. ride with me into Valhalla. WITNESS ME
NVIDIA - Bears, This Is Your ChanceIn a previous post on NVIDIA following its earnings gap all time high, I posited that a bearish three drives was a real possibility, which would involve the stock actually going down and then driving up a few more times in accordance with the overall market topping:
NVIDIA - A Scenario Few Are Considering. Few. Few. Few.
That never panned out, and instead what we're looking at instead, as you can tell with all the insider selling, is a very likely bump and run reversal.
But distribution patterns take a very long time to manifest, and one of the biggest tells with NVIDIA is despite it going from $366 to $440, it really has never targeted the sell side, not even rebalancing the original gap.
As far as this company goes... well, when you come across something like this whose CEO is a Taiwanese dude prancing around in a leather jacket for every photo op while it's trading like a Chinese Communist Party pump and dump, a number of red flags beyond the 250x P/E it's trading at should emerge.
Companies and their officers who have connections to the CCP are very dangerous, for the geopolitical situation is tense. Much is at stake right now with Mainland China and whether or not Xi Jinping is intelligent enough to get rid of the Party.
If Xi can't get rid of the Party, then the International Rules Based Order will do it for him and will go to install their own people from Taiwan in the Mainland.
Xi always has the option to weaponize the 24-year persecution of Falun Gong, started by the Jiang Zemin faction that's rooted in Shanghai, to take down the Party and defend China from the groups that wish to invade.
Live organ harvesting isn't a sin that can survive public scrutiny, really.
None of this is healthy for the markets, and if you're long on stocks at the top, some of them aren't coming back.
The indexes might come back, but many companies definitely go to zero and will be replaced by a future generation.
When you look at NVIDIA on the monthly, does this look like somewhere that you want to go long?
A monthly "gap" like this will certainly always be filled, and it just happens to be right around the actual level we're looking to target.
The weekly bars are severely ranged compressed, which tells us that a big move is coming
I have a call on that Nasdaq that we're about to get a pretty violent and serious correction, but that it will really be a bear trap:
Nasdaq - The Great Bear Trap
You might feel right now that stocks ONLY GO UPPY. But considering you're in a bear market and these things have been mooning for like an entire quarter right now, you might want to check that notion before that notion wrecks you.
The problem with NVIDIA going and making a new high right now is it's failed to do so twice. Friday's end of the day was a big rejection on everything Nasdaq.
And this is a time when price stopped just 1.8% short of the high.
So what it was really doing was covering the old range, and taking stops over the most subordinate high to the all time high.
Another big tell is the SOXS and SOXL 3x leverage semiconductor ETFs are simultaneously setup on weekly and daily candles to breakout/retrace, and both started to do that in sync on the Friday dump.
NVIDIA is the top component of the index underlying the ETF at roughly 9%.
The most obvious place for it to retrace to to start taking out sell stops is the $395 gap.
But this is only 5% at this point and not very scary.
Meanwhile, all the bulls and all the bears start selling on a break of $366, because Discord and Reddit told them to and some books and guru videos told them to "because confirmation."
Once the gap is finally balanced, I believe that Nasdaq is going to rip to something like 16,000 before we're done, and NVIDIA will actually finish its lifespan with a 5-handle.
So for bears: here's your opportunity. But you better have realistic expectations.
For bulls: here's your opportunity. But you better have patience in buying the dip, and you'll find you "made a lot of money getting out of the market too early."
And for bulls and bears: stay away from ponzi companies and social distance from the CCP and all the Marxist-Leninist and atheist things.
If you don't, you'll face more than the liquidation of your brokerage accounts, to say the very least.
AMD - Greed Doth Bad Habits BreedI've noticed that, especially in the last week, the trading community has really transformed into almost full bore greed. People are buying highs on almost anything, especially some of the most dubious of stocks, and getting rewarded with 5-15% gains every day.
There's even a popular post on here that asks "As new highs approach, what is the bear case?"
Whenever the climate is like this, you really, really have to take a step back and cool your head.
If we were in a sustained bull market like we had in 2021, greed may ostensibly be fair enough. But when the Fed rate is at 5.5 percent and there aren't going to be cuts, with 6% enroute before year end, and TBond yields acting like they want to court with 4.5% or 5%, you're sort of in the Twilight Zone right now.
If repricing to the downside really does occur, it's going to be fast and sudden.
AMD is the company that floundered, and hard, after losing the arms race to Intel for a lot of years. Then it hired a Chinese CEO, who flew over to the Chinese Communist Party's land and did some courtship, and then all of a sudden AMD was worth a lot of money, and has been for a while.
You have to really be very careful with anything connected to the CCP and China because of the geopolitical tensions between Xi Jinping and the International Rules Based Order.
All the yammering about "Taiwan" is about the IRBO looking to plant a man from Taiwan in Xi's seat when the CCP falls in the exceptionally near term future.
Yet Xi, a Chinese nationalist, can defend China's 5,000 year old Divinely-imparted culture, and himself, by weaponizing the 24-year persecution and organ harvesting genocide against Falun Gong that was launched by the Party and former Chairman Jiang Zemin on July 20, 1999.
If any of the above really transpires, please use your head: Beijing's noon is New York's midnight. Whatever happens in China is going to happen outside of NYSE/Nasdaq hours, which means those enchanted by greed are one day going to enjoy the bitter fruit of a brutal breakaway gap that never comes back.
So, AMD earnings are tomorrow post market. This is notable, because despite all the bull fever and delirium, I note that we really might be watching the markets top right now:
SPX - The Sound of a Shattering Iceberg
And if you take a look at a number of stock market calls I link below, you'll see there's a number of warning signals that are really worth considering, but still some pretty nice long opportunities.
So with AMD, what I'd like to point out as we head into earnings are two things:
1. The market makers left a goalpost at $133, based on the monthly. Price action absolutely does not have to take this point out, but since it counts as "resistance" to retail traders, it stands to reason it will go at some point
2. Price action since the late-June dump is NOT bullish. It is a classic markdown-and-sell-a-lot-more pattern that traps all the people who bought over $120 and have been comfortably numb averaging down.
On weekly charts, the red box is a place that price action is likely to return to, and the catalyst for this may very well be earnings.
There's really a precedent for this, with Taiwan Semiconductor, which I think is a very high likelihood long-term long even as markets sell off, because it's not a member of the Nasdaq or the SPX:
TSM - Taiwan, Your Semiconductor Long Hedge
An important thing to note about TSM is that it's a very similar set up to AMD, but also a lot more bullish of a pattern, and yet it lost some 7% on earnings.
Earnings plays are very hard because the fundamentals don't matter. You get major gap repricing and have to pay a high premium for leverage or for puts/calls to boot.
Yet, a dump under $100 for AMD would likely be a real buying opportunity with a target over $135.
While you might find it too good to be true, May was already a $50/65% month for AMD.
Yet nobody wants to buy when there's big red. Instead, they want to buy on green and HODL, because you've been so perfectly conditioned, Pavloved, and trained by smart money.
Alternatively, if earnings were to raid $135, it may very well be the sell of the year.
Good luck. With the situation as it is, you should always ask yourself: "Are we really going to set new highs, or are we at the top of a bear market rally?"
American Superconductor - Floating Crystals, Floating CandlesThe new rage on financial social media is that a new room temperature superconductor has been discovered, and appears to be replicable in labs.
This is significant because superconductors normally have to be either really hot or really cold during their operations.
So, AMSC has Superconductor in its name and is naturally pumping, and has been since May.
The biggest pump was August 1 at 60%, spurred on my a lot of social media chatter, especially in Korean and Chinese.
Greed in the markets is already at extremes, people are convinced new all time highs on indexes are as good as in the bank, and it's very dangerous.
Moreover, you're dealing with hidden geopolitical risks from a Chinese Communist Party being on the edge of collapse that's guilty of the 24-year-long persecution and organ harvesting genocide of Falun Dafa meditation's 100 million practitioners.
And people want to long the top on stuff that's already up 400%+.
The world truly is an asylum.
And look at the monthly bar this has produced with people longing a daily range between $14 and $17.
The weekly candle looks more sane, because at least we're on Tuesday, but it still shows that this swing may have already topped.
So, here's the thing about the fundamentals of this kind of trade:
1. The Superconductor discovery right now is a piece of lead apatite crystal that is capable of majority levitation and diamagnetism when placed on a magnetic plate.
2. The crystal has been made by students in a lab using a paper from Korea.
3. It looks like a little piece of graphite/charcoal. Unless you put it on a magnetic plate, it doesn't even float.
4. Let's say the crystal is truly revolutionary, how many years away from it making its way into a sellable product are you?
5. Why would you think American Superconductor Corporation is going to be the one who licenses something disruptive?
6. Wouldn't TSM, Intel, or AMD, or some Elon Musk/Peter Thiel/Sam Altman-type venture be the ones to steal it?
7. The stock has already quadrupled in price
8. At Tuesday's close, the market cap is $488 billion
9. Look at their earnings results: they bring in $25 million in revenue quarterly
10. Next ER is August 9 post-market. Can you maintain a $500 million market cap when they report $20 million in revenue and the CEO tells investors and banks on the conference call that they aren't going to be able to profit from the discovery?
In essence, you're kind of dealing with a real corporation that's being subjected to something of a Bed Bath and Beyond-style pump and dump.
And this is at a time when greed in the markets is already extreme. People are longing the top on things like Palantir and SOFI without second thought and gettin' paid daily.
Yet the United States credit rating was downgraded today after the Treasury said it wanted to issue another $1.8 trillion worth of debt, and now the Nasdaq and the SPX are gap down on Wednesday futures open.
I discuss this here:
SPX - The Sound of a Shattering Iceberg
I actually think there's a long trade on ASMC over $20 before the hypenstein is over.
But if you don't see it manifest at market open Wednesday and prices lower than $13.31 are traded as the indexes drive a lot of things down, you're probably going back to $10 first, which is just horrific for top longers.
Take a look at the five minute chart.
Tuesday market close was either a big buy or 45 minutes before market close was a big short.
You have to decide for yourself. But sell the news, man, is really a piece of wisdom.
After all, implied volatility is so high that an August 18 at the money call is $4.10, on a $16 stock.
That's a lot of premium and the options sellers just absolutely love your exit liquidity.
$INTC Double Top Test After EarningsNASDAQ:INTC Double Top Test After Earnings, Intel reported earnings on July 27, 2023. The company beat analyst expectations for earnings per share, but revenue came in below expectations. Intel also lowered its guidance for the third quarter of 2023. A double top is a technical chart pattern that often points to the possibility of a downtrend reversal from an uptrend. It is formed when the price of a security reaches a high point twice, but fails to break through the previous high.
The double top pattern is considered a bearish reversal pattern because it suggests that the bulls have lost momentum and that the bears are gaining control.
✅ Daily Market Analysis - FRIDAY JULY 28, 2023Key News:
Japan - BoJ Press Conference
USA - Core PCE Price Index (MoM) (Jun)
USA - Core PCE Price Index (YoY) (Jun)
The Dow Jones Industrial Average is on the verge of breaking its longest winning streak in 36 years, fueled by Wall Street's tech-driven rally. The index achieved an impressive 13 consecutive sessions of closing higher until a slight 0.5% decline on Thursday afternoon, following earlier gains. Despite the dip, the rally's expansion across various sectors promises exciting prospects for investors.
Dow Jones Industrial Average Index daily chart
While investment professionals may lean towards the S&P 500 due to its broader representation of the market with over 500 stocks, the Dow Jones remains a prominent fixture in news media and enjoys widespread recognition among many Americans.
The recent impressive surge in the Dow Jones is closely linked to traders' prevailing belief that the US Federal Reserve's decision to raise interest rates by 25 basis points on Wednesday signifies the conclusion of its efforts to combat inflation. This move has instilled confidence in investors, who are now optimistic about the US economy's resilience and its potential to steer clear of a recession.
S&P 500 daily chart
According to S&P Dow Jones Indices, the Dow Jones' longest winning streak on record dates back to 1897, lasting an impressive 14 sessions.
In spite of its recent gains, the Dow Jones has not performed as strongly as other major indices on Wall Street in 2023. Year to date, it has risen by 7%, while the S&P 500 and Nasdaq have experienced more significant gains of 18% and 35%, respectively.
During extended trading, Intel Corporation (NASDAQ: INTC) witnessed a substantial increase of 8.4% following its Q2 earnings report. The company exceeded expectations with earnings per share (EPS) of $0.13, outperforming analyst predictions of losses amounting to $0.04 per share. Furthermore, Intel reported a revenue of $12.9 billion for the quarter, surpassing the anticipated revenue of $12.09 billion.
Intel Corporation stock daily chart
Last night, the European Central Bank (ECB) made a noteworthy move by raising its main policy interest rates by 25 basis points, resulting in a deposit interest rate of 3.75%. The accompanying policy statement caught attention as it kept the possibility of further rate hikes open, but without adopting a more cautious stance.
In response to the Federal Reserve's modest boost, the US markets received a slight uplift, while the European indices experienced significant gains this afternoon. The surprise came from ECB President Christine Lagarde's remarks, hinting that the rate hike campaign might conclude with a more dovish tone than initially anticipated. Consequently, the DAX, CAC, and other European indices surged, displaying robust bullish sentiment unaffected by strong US economic data.
Although the FTSE's surge has slowed down this week, the overall market sentiment remains resolutely bullish. A few afternoon declines, primarily in Shell and Barclays shares, caused some drag, but the index still shows signs of further upside potential. Looking ahead, expectations point towards the Bank of England (BoE) following the lead of the Fed and ECB on rates. A dovish tone in the upcoming week should support UK stocks in reclaiming some lost ground.
FTSE index daily chart
During the early hours of Friday's Asian trading session, the EUR/USD currency pair is fluctuating within the range of 1.0980-1.0970. The pair is on a recovery path after experiencing a significant decline, marking its largest drop in 4.5 months during the previous day's trading. The current state of the Euro pair reflects the cautious sentiment prevailing in the market, as investors eagerly await the release of top-tier data from both Germany and the United States. The overall market sentiment appears subdued, reaching its lowest level in three weeks ahead of these crucial economic indicators. Investors are closely monitoring the data releases for potential insights into the economic outlook, contributing to the prevailing cautious atmosphere in the foreign exchange market.
EUR/USD daily chart
During the highly anticipated July policy review meeting, the Bank of Japan (BoJ) board members unanimously agreed to maintain their existing monetary policy settings without making any changes. This includes leaving interest rates at -10 basis points and keeping the 10-year Japanese Government Bond (JGB) yield target at 0.00%.
The market's response to the BoJ's policy announcements was immediate, and the USD/JPY pair experienced a notable upward movement, gaining significant momentum. At present, the pair is trading at 140.06, representing a notable 0.45% increase for the day. In the aftermath of the BoJ's decision, there was a swift knee-jerk reaction, propelling the pair to test 141.08 before eventually settling at its current trading level. The BoJ's decision has had a considerable impact on the foreign exchange market, influencing the dynamics of the USD/JPY pair and prompting investors to closely monitor further developments.
USD/JPY daily chart
As Friday's trading approaches, investors are eagerly awaiting the release of crucial data on the PCE (Personal Consumption Expenditures) price index, a key indicator of inflation. This data will be closely monitored, as it can provide valuable insights into the current inflationary pressures in the economy.
Additionally, market participants will be keenly interested in the Michigan consumer sentiment and expectations data. This data, reflecting consumer confidence and economic expectations, holds significant importance as it sheds light on consumer behavior and sentiment, which are crucial drivers of economic growth.
On the earnings front, two major companies, Exxon Mobil Corp (NYSE: XOM) and Procter & Gamble Company (NYSE: PG), are scheduled to announce their quarterly results. These reports have the potential to significantly impact the stock prices of these companies and may also influence broader market sentiment. Investors will scrutinize these earnings reports to assess the financial health of these corporations and to gauge the overall health of their respective industries.
As these critical data releases and earnings reports unfold on Friday, the financial markets are likely to experience heightened volatility and uncertainty. Investors are advised to exercise caution and remain vigilant during this period, as the outcomes of these events can have substantial implications for investment decisions and market trends.
Intel: Go for it! 💪 Since the low of wave x in orange, Intel has already shown strong upwards movement and should soon conquer the resistance at $37.11, heading for the compound consisting of the turquoise zone between $41.59 and $43.13 and the orange zone between $42.32 and $43.63. There, the share should complete wave 4 in turquoise and return below $37.11 afterward. However, there is a 34% chance that Intel could shift southwards earlier already and drop below the support at $26.86, triggering further descent below $24.55. In that case, we would consider wave alt.4 to be finished by now.
Intel ( Bullish!)I'm Bullish on Intel.
Bollinger bands have tightened and volatility will be making it's way into the stock. This stock has been in a downtrend for almost 2 weeks now, as depicted by the trendline I've drawn. OBV has curved upwards and we have a total of 3 virgin points of control lingering above the current price. If we can break above $29.07, we should easily see $30.07. I don't want to look too far ahead, so that will be my price target for now. There's so many bearish predictions on this stock, i have no problem being the outlier. I am studying volume profile / Volume price analysis and i believe my conviction to be true. Stocks are controlled by institutions, not common investors. Always follow the big money. Trend-line break and $30.00 coming soon.
Intel Long-Term Long (or short if it goes belly-up)For those who like regression channels, here is a chart of Intel going back to 1973. The channel has a Pearson coefficient of over 0.9, suggesting pertinence of the indicator. There has been consolidation around the bottom of the channel, ending with a good bullish H-A candle. You will be able to see a triple bottom on the weekly chart followed by a break-out of the consolidation. I am undecided as to whether to get in now or to wait for a little extra push. An upward move to about 70 seems possible.
Conversely, if price drops out of the channel below recent consolidation, look out below!
Potential Bull flag and break impending on INTCIntel is a strong blue chip tech stock that could play on my TSM bearishness. If TSM does get demolished Intel will rise. Intel has strong revenue, is in many mutual funds, and is forming a potential bull flag. If I enter this position, it would be with May 19th calls 38 -40$ strike price.
ASML: Dominating the industry 💾ASML Holding N.V. is a holding company based in the Netherlands. The Company operates through its subsidiaries in the Netherlands, the United States, Italy, France, Germany, the United Kingdom, Ireland, Belgium, South Korea, Taiwan, Singapore, China, Hong Kong, Japan, Malaysia and Israel. The Company operates through one business segment which is engage in development, production, marketing, sales, upgrading and servicing of advanced semiconductor equipment systems, consisting of lithography, metrology and inspection systems. The Company offers TWINSCAN systems, equipped with lithography system with a mercury lamp as light source (i-line), Krypton Fluoride (KrF) and Argon Fluoride (ArF) light sources for processing wafers for manufacturing environments for which imaging at a small resolution is required. TWINSCAN systems also include immersion lithography systems (TWINSCAN immersion systems).
ASML's lithography systems use a process called photolithography to create intricate patterns on silicon wafers, which are then used to create integrated circuits, memory chips, and other semiconductor components. These patterns are created using a process of etching, deposition, and other techniques that require precise alignment and control.
ASML's customers are primarily semiconductor manufacturers such as Intel, Samsung, TSMC, and GlobalFoundries. These companies use ASML's lithography systems to create the most advanced microchips on the market. ASML's customers are some of the largest and most influential players in the semiconductor industry, and they rely on ASML to provide them with cutting-edge technology that enables them to stay ahead of the competition.
ASML's business model is based on a high degree of innovation and research and development. They invest heavily in R&D to continually improve their technology and maintain their market leadership. Additionally, they operate on a capital-intensive model, where the cost of producing their lithography systems is high but the revenue potential is also significant.
Overall, ASML's business model is centered around developing and selling advanced lithography systems to the world's leading semiconductor manufacturers, which requires a high degree of technological innovation, R&D investment, and capital-intensive production processes.
There are other companies that offer lithography systems for the semiconductor industry, such as Canon, Carl Zeiss, and Ultratech, but they do not directly compete with ASML in the advanced lithography segment of the market. These companies generally offer less advanced lithography systems that are used for less complex microchip manufacturing applications.
ASML's main customers are some of the largest semiconductor manufacturers in the world. These companies use ASML's lithography systems to manufacture advanced semiconductor chips for a wide range of applications, including smartphones, computers, servers, and other electronic devices.
Some of ASML's key customers include:
- TSMC (Taiwan Semiconductor Manufacturing Company)
- Samsung Electronics
- Intel Corporation
- SK Hynix
- Micron Technology
- GlobalFoundries
- UMC (United Microelectronics Corporation)
- STMicroelectronics
- Toshiba Memory Corporation
- Nanya Technology
With the underlying business performing so well over the years, its no surprise to see the stock has followed suit. Since 1996, ASML has returned +23.38% CAGR compared to +9.02% for SPY
At this rate of return HKEX:10 ,000 invested in ASML back in 1996 would have grown to over HKEX:3 million!
The strong market position and outlook for the business make me believe that the company will not be slowing down any time soon, and even at a valuation of 36x earnings I think this is a business trading at a fair value.
I have added this to my portfolio which you can check out here ⬇️
www.etoro.com