This Beaten-Down AI Stock Could Stage a Monster Comeback by 2028

ASML Holding (NASDAQ: ASML) is one of the most important players in the global semiconductor industry. The Dutch semiconductor equipment giant manufactures machines that play a critical role in helping chipmakers and foundries print advanced chips.However, ASML stock has been subdued since hitting an all-time high on July 8 last year. It has shed 11% of its value since then, while the broader PHLX Semiconductor Sector index has gained 10% during this period. ASML's underperformance since July last year can be attributed to the potential effect of tariffs on the company's equipment sales, along with its poorer-than-expected guidance for 2025.The good part is that ASML stock has started gaining some momentum lately. The stock has jumped 27% in the past month, thanks to positive Wall Street commentary and the strength of the semiconductor market owing to the robust demand for artificial intelligence (AI) chips. It won't be surprising to see ASML sustaining this momentum and delivering solid gains to investors over the next three years.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool