ASML Holding N.V. (ASML) Rallied Following Solid Results

1 hour ago 1

Soumya Eswaran

Wed, May 20, 2026 astatine 8:20 AM CDT 3 min read

TCW Funds, an concern absorption firm, published its first-quarter 2026 capitalist missive for the 'TCW Concentrated Large Cap Growth Fund.' A transcript of the missive is disposable to download here. The archetypal 4th was marked by volatility successful equity markets, driven by geopolitical tensions, concerns astir the backstage recognition sector, a authorities shutdown, and ongoing AI concerns. During this period, The Fund (I Share) reported a nett nonaccomplishment of 11.75%, lagging down the Russell 1000 Growth Index instrumentality of -9.78%. The Fund considers the market's broadening arsenic a steadfast motion and remains assured that the marketplace volition yet admit the portfolio's intrinsic value. Please reappraisal the Fund’s apical 5 holdings to summation insights into their cardinal selections for 2026.

In its first-quarter 2026 capitalist letter, TCW Concentrated Large Cap Growth Fund highlighted ASML Holding N.V. (NASDAQ:ASML) arsenic a notable contributor. ASML Holding N.V. (NASDAQ:ASML) is simply a Dutch-based semiconductor institution that provides lithography solutions. On May 19, 2026, ASML Holding N.V. (NASDAQ:ASML) banal closed astatine $1,459.44 per share. One-month instrumentality of ASML Holding N.V. (NASDAQ:ASML) was 1.09%, and its shares gained 97.98% implicit the past 52 weeks. ASML Holding N.V. (NASDAQ:ASML) has a marketplace capitalization of $562.49 billion.

TCW Concentrated Large Cap Growth Fund stated the pursuing regarding ASML Holding N.V. (NASDAQ:ASML) successful its Q1 2026 capitalist letter:

"Our strongest show during the 4th came from the accusation exertion and industrials sectors. Shares of ASML Holding N.V. (NASDAQ:ASML) (ASML; 3.46%**) rallied aft the institution reported coagulated 4Q25 results. Revenue of €9.7b (+29% QoQ, +5% YoY) modestly bushed statement estimates of €9.6b arsenic spot successful services (upgrades) and foundry offset slower representation shipments. Bookings of €13b meaningfully topped statement estimates (€7.5b) driven by starring borderline EUV (Extreme Ultraviolet) bookings of €7.4b. Management’s CY26 gross guidance scope was wide (+4% to +19%), reflecting the imaginable timing of deliveries (2026 oregon 2027), but it is overmuch amended than a 4th agone erstwhile absorption said “we bash not expect 2026 full nett income to beryllium beneath 2025.” Investor sentiment has improved meaningfully implicit the past 4th owed to beardown capex guidance by TSMC, expanding DRAM pricing, and acknowledgement capableness constraints beryllium astatine ASML’s largest customers. In our view, request remains robust for ASML arsenic the lone supplier of leading-edge lithography, captious to aboriginal spot production. We stay affirmative connected shares."

Read Entire Article