Top High-Tech Shares Worth Investing in During September
In the dynamic world of technology, two companies stand out as key players in the chip industry: Taiwan Semiconductor Manufacturing Company (TSMC) and ASML Holding NV.
TSMC, a leading foundry for top chip designers, continues to impress with its consistent yields in producing advanced chips at scale. The company's current trading price stands at $264.38, down 1.59%. TSMC's market capitalization is an impressive $1.4 trillion.
On the other hand, ASML, a Dutch company, holds a unique position in the market due to its monopoly on the technology needed to make AI chips. ASML's dominance is further solidified by its monopoly on extreme ultraviolet (EUV) lithography, the technology essential for making advanced chips. The company's stock is currently trading at $932.57, up 0.51%. ASML's market capitalization is $367 billion.
ASML's stronghold in the market is evident in its financials. The company's gross margin stands at 52.52%, and it offers a dividend yield of 0.77%. ASML's volume for the day is 2,410,535, significantly lower than its average volume of 1,814,590.
ASML's recent investment in AI start-up Mistral AI underscores its commitment to the AI sector. The company is also planning to incorporate large language models (LLMs) throughout its product portfolio and operations.
The demand for AI chips is surging, and ASML is well-positioned to capitalise on this trend. Foundries and logic giants are accelerating the 2 nm process nodes and below, triggering a new peak order for ASML's EUV and High-NA lithography tools. However, no specific delivery date for the chips has been mentioned.
ASML's next-generation high-NA EUV machines come at nearly double the price of its current EUV machines, indicating the high demand and investment required for advanced chip production.
TSMC is also expected to raise prices by another 10% next year, reflecting the increasing costs associated with advanced chip production. TSMC's gross margin is 57.27%, and it offers a dividend yield of 1.09%. The company's day's range is $262.81 - $266.47, and its 52-week range is $134.25 - $270.54.
Both TSMC and ASML are shaping the future of the chip industry, with their innovative technologies and strategic investments. As the demand for AI chips continues to grow, these companies are poised to lead the way in advanced chip production.
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