Use weakness in chip stocks to buy high-quality names: Evercore ISI
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- SanDisk stock rallies on AI optimism and Fed relief
BofA: China restrictions could cut between 3% and 30% of ASML's EBIT
July 22, 2024 1:42 PM EDTAccording to a recent Bank of America research note, additional U.S. restrictions on semiconductor equipment exports to China could significantly impact ASML Holdings' (NASDAQ: ASML) earnings before interest and taxes (EBIT).
The bank's analysts suggest that ASMLs EBIT could be reduced by 3% to 30%, contingent on the severity of the restrictions and ASMLs capacity to redirect sales lost in China to other regions.
Bank of America highlights that recent... More
