Updated

Updated · XTB · May 27

Coatue Buys $655.4 Million ASML Stake, Cuts Nvidia Exposure in AI Supply-Chain Shift

Updated

Updated · XTB · May 27

Coatue Buys $655.4 Million ASML Stake, Cuts Nvidia Exposure in AI Supply-Chain Shift

1 articles · Updated · XTB · May 27

Coatue Management bought 510,000 ASML shares worth about $655.4 million in the first quarter while trimming its Nvidia position, signaling a shift toward semiconductor equipment exposure.
ASML sits at a critical choke point in the AI boom because its EUV lithography machines are essential for producing the most advanced chips.
UBS recently called ASML Europe’s top semiconductor stock, reinforcing Wall Street’s view that chipmaking infrastructure may offer another way to ride rising global semiconductor spending.
The move suggests some investors are broadening AI bets beyond chip designers to the supply-chain companies that enable advanced processor production.

Sources

As smart money flees Nvidia for ASML, has the AI gold rush moved from designers to the companies selling the shovels?

With its top customer delaying new machines, is ASML's monopoly on AI's future more fragile than it appears?

The world's AI ambitions rely on one company's machines. What is the plan B if this critical supply chain fails?

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