It will take China years to catch up with ASML Holding NV’s chipmaking technology, according to a senior executive at the Dutch firm.

ASML's (NASDAQ:ASML) stock jumped about 7% premarket on Wednesday after fourth quarter results beat estimates and booking orders well exceeded analysts expectations. The Dutch company — which makes extreme ultraviolet lithography,

Investors will seek reassurance that ASML's AI-dependent growth outlook for 2025 is secure despite a selloff sparked by China's DeepSeek, as the biggest supplier of equipment used to make computer chips ASML reports earnings on Wednesday.

Dutch chip equipment maker ASML Holding NV beat the fourth quarter earnings estimates and posted record net sales on an annual and sequential basis, on Wednesday. The company also reduced its Chinese market share in Q4.

I reiterate a 'Buy' rating for ASML with a one-year target price of US$864 per share, driven by AI's continued growth.

Netherlands biz riding AI boom, though China crackdown looms Dutch tech giant ASML is buoyed up by a wave of new orders during Q4 2024, and expects its business in China to return to a more normal level after a period of high revenue.

Dutch Prime Minister Dick Schoof held "critical conversations" with visiting Chinese Vice Premier Ding Xuexiang, he said on Friday, including discussions on human rights and on semiconductor equipment supplier ASML .

After sending shockwaves through the semiconductor industry following a third-quarter earnings miss, scrutiny is building ahead of ASML Holding NV’s results next week with uncertainty over the spending plans of its top clients.

Valued on earnings, shares of Lam Research look the cheapest today, valued just a little over 25 times trailing earnings. KLA stock is more expensive at 34 times earnings, while ASML looks most expensive at a P/E ratio of 40. I hesitate to call any of the three stocks a "bargain," however.

The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector.

ASML shares jump 9% as strong chip orders ease AI spending fears. Traders eye semiconductor stocks as demand for high-end chips remains resilient.