ASML's Valuation Check: Not Cheap, Not Overpriced, but Caught in a Sector Mood Swing - AD HOC NEWS

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The disconnect between strong fundamentals and weak share price action has become a recurring theme for ASML. On Friday, the Dutch lithography giant's stock slipped 2.31 percent to €1,545.60, even as Intel — one of its most important customers — delivered a blockbuster earnings report and raised its capital expenditure outlook. Intel posted second-quarter revenue of $16.1 billion, a 25 percent jump that easily beat

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