It's Funny SML Holding (ASML) Moved Faster Than TSMC, Says Jim Cramer

We recently published 15 Fresh Stocks Jim Cramer Discussed.  ASML Holding N.V. (NASDAQ:ASML) is one of the stocks Jim Cramer discussed.

ASML Holding N.V. (NASDAQ:ASML) is a Dutch semiconductor manufacturing equipment provider. It enjoys a monopoly in the high-end market due to being the only firm capable of making EUV lithography machines. ASML Holding N.V. (NASDAQ:ASML)’s shares have gained 79% over the past year and are up by 16.8% year-to-date. Taiwan chip giant TSMC’s strong earnings report is also seeing analyst focus on ASML Holding N.V. (NASDAQ:ASML)’s shares. For instance, Bernstein reiterated an Outperform rating and a €1,300 share price target for the firm after TSMC’s capital expenditure guidance for 2026, which marked a 32% annual bump. RBC Capital initiated coverage of the shares as well in January. It set a $1,550 share price target and an Outperform rating as it pointed out that spending on wafer equipment and EUV machines could sustain in 2026. Cramer discussed ASML Holding N.V. (NASDAQ:ASML)’s share price performance after TSMC’s earnings:

“It’s really funny ASML moved faster than Taiwan Semi itself and the others caught up and a lot of firms upgraded the capital equipment stocks.”

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Disclosure: None. This article is originally published at Insider Monkey.