ASML Target 800$ still validGreat times for ASML with a booming market in semiconductors should rise margins and demand on their products.
EUV is in high demand and only 55 may be delivered: optics.org
Biden want to push 37$ billion dollars in semiconductors: www.reuters.com
A new tsmc factory should be build in phoenix: www.reuters.com
DUV is in the piple for the next years for ASML: www.asml.com
A lot of good news for this company, so risk of overproduction shouldn't be an issue in the next 2-3 years.
From the chart we see 800$ could be the next target in summer and ASML is now completly back in the old long term upward trend.