5 Best AI Stocks to Buy and Hold for the Next 5 Years

4. ASML Holding N.V. (NASDAQ:ASML) 

Number of Hedge Fund Holders: 133

On July 6, Reuters reported that ASML Holding N.V. (NASDAQ:ASML) remains at the center of semiconductor trade tensions as Dutch Trade Minister Sjoerd Sjoerdsma begins a three-day trade mission to China.

Reuters said Sjoerdsma recently traveled to Washington. He discussed proposed US legislation that could further tighten restrictions on chipmaking equipment sales and servicing for China, potentially affecting the lithography giant’s business.

Reuters also noted Sjoerdsma will meet Chinese Commerce Minister Wang Wentao for talks on economic issues and bilateral relations. The Dutch minister said, “Over the past few decades, we’ve built robust trade ties with China, and our goal with this visit is to further strengthen our bilateral trade relationship.” He also commented, “Raising points of concern is part of that.”

Reuters disclosed that Dutch officials still argue export controls should be coordinated internationally rather than imposed unilaterally in ways that disproportionately affect Dutch companies.

ASML Holding N.V. (NASDAQ:ASML) develops, produces, markets, sells, upgrades, and services advanced semiconductor equipment systems. It includes lithography, metrology, and inspection systems.