10 AI Stocks Investors Are Watching Closely

8. ASML Holding N.V. (NASDAQ:ASML)

Number of Hedge Fund Holders: 80

ASML Holding N.V. (NASDAQ:ASML) is one of the 10 AI Stocks Investors Are Watching Closely.  On July 16, Bernstein lowered the firm’s price target on the stock to $743 from $806 and kept a “Market Perform” rating on the shares.

The analysts told investors in a research note that ASML has reported pretty strong Q2 results with revenue/margin and order beats. It also reiterated its 2025 guidance with 15% growth from last year.

However, closer inspection by the firm has revealed that orders are also not as strong as they seem. In particular, there has been a EUR1.4B backlog adjustment seen due to “customers’ response to export controls.”

Based on the Q2 report, customers have cancelled orders worth EUR 1.4billion due to tariffs. This implies that there is a possibility of further cancellations as US President Donald Trump has yet to finalize a deal with the European Union. He also recently threatened to impose a 30% tariff on the bloc.

ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing.