Why ASML Holding N.V. (ASML) is One of the Best Oversold Growth Stocks to Invest in Now
Key takeaways
- (ASML) is One of the Best Oversold Growth Stocks to Invest in Now Noor Ul Ain Rehman Sat, May 23, 2026 at 7:15 PM GMT+7 2 min read ASML ASML Holding N.V.
- The company further reported that the collaboration would focus on the deployment of ASML Holding N.V.’s (NASDAQ:ASML) holistic suite of advanced lithography tools and solutions for the Dholera fab.
- Separately, in its financial results for fiscal Q1 2026, ASML Holding N.V.
Why ASML Holding N.V. (ASML) is One of the Best Oversold Growth Stocks to Invest in Now Noor Ul Ain Rehman Sat, May 23, 2026 at 7:15 PM GMT+7 2 min read ASML ASML Holding N.V. (NASDAQ:ASML) is one of the best oversold growth stocks to invest in now. ASML Holding N.V. (NASDAQ:ASML) announced on May 16 the signing of a Memorandum of Understanding (Mo U) with Tata Electronics for the advancement of the semiconductor manufacturing ecosystem in India. Tata Electronics is a leading name in India’s electronics and semiconductor manufacturing sector. The company reported that the partnership would allow ASML Holding N.V. (NASDAQ:ASML) to enable the establishment and successful ramp of Tata Electronics’ upcoming 300 mm (12 inch) semiconductor fab in Dholera, Gujarat. The collaboration marks a significant step in the intensifying strategic collaboration between India and the Netherlands in the field of critical technologies, such as semiconductor technology.
The company further reported that the collaboration would focus on the deployment of ASML Holding N.V.’s (NASDAQ:ASML) holistic suite of advanced lithography tools and solutions for the Dholera fab.
Separately, in its financial results for fiscal Q1 2026, ASML Holding N.V. (NASDAQ:ASML) reported total net sales of €8.8 billion, gross margin of 53.0%, and net income of €2.8 billion. The company anticipates Q2 2026 total net sales to be between €8.4 billion and €9.0 billion, and a gross margin between 51% and 52%.