Billionaire Investor Adds To ASML, Exits Rivals KLA and Lam — Plus Nvidia, Broadcom
Billionaire activist Dan Loeb ‘s Third Point LLC raised a stake in ASML Holding (NASDAQ: ASML ) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing it from 12,000 in the first quarter of 2026 to 30,000 as of June 30. Meanwhile, Third Point exited its entire stake in ASML’s peers — NVIDIA Corporation (NASDAQ: NVDA ), Broadcom Inc. (NASDAQ: AVGO ), KLA Corporation (NASDAQ: KLAC ) and Lam Research Corporation (NASDAQ: LRCX ) during the second quarter. ASML Recent Key News: The Dutch semiconductor equipment maker reported second-quarter earnings of $8.82 per share, beating the Wall Street consensus estimate of $7.98. Revenue rose to $10.84 billion, topping analysts’ expectations of $10.28 billion. For the third quarter, ASML expects revenue of between 11 billion euros and 12 billion euros, with a gross margin of 55% to 57%. It also forecasts research and development expenses of about 1.2 billion euros and selling, general and administrative costs of about 400 million euros. The company raised its full-year 2026 outlook and now expects net sales of between 43 billion euros and 45 billion euros, with a gross margin of 54% to 56%, up fr
Billionaire activist Dan Loeb ‘s Third Point LLC raised a stake in ASML Holding (NASDAQ: ASML ) in the second quarter. The investor more than doubled its stake in the semiconductor company, increasing it from 12,000 in the first quarter of 2026 to 30,000 as of June 30. Meanwhile, Third Point exited its entire stake in ASML’s peers — NVIDIA Corporation (NASDAQ: NVDA ), Broadcom Inc. (NASDAQ: AVGO ), KLA Corporation (NASDAQ: KLAC ) and Lam Research Corporation (NASDAQ: LRCX ) during the second quarter.
98. 28 billion. For the third quarter, ASML expects revenue of between 11 billion euros and 12 billion euros, with a gross margin of 55% to 57%. 2 billion euros and selling, general and administrative costs of about 400 million euros.
The company raised its full-year 2026 outlook and now expects net sales of between 43 billion euros and 45 billion euros, with a gross margin of 54% to 56%, up from its previous guidance. ASML said Intel Corporation (NASDAQ: INTC ) Foundry has begun high-volume manufacturing of a subset of Intel Core Ultra Series 3 "Panther Lake. The companies highlighted further progress in bringing High Numerical Aperture Extreme Ultraviolet, or High NA EUV, lithography into production and preparing the technology for broader adoption. Samsung Electronics Co.
Ltd. (OTC: SSNLF ) expanded its strategic partnership with ASML, increasing collaboration around High Numerical Aperture Extreme Ultraviolet, or High NA EUV, lithography and other advanced manufacturing technologies. ASML disclosed it is working with Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM ) to develop larger EUV photomasks aimed at boosting factory productivity and lowering the cost of producing advanced chips.
37 percentage points. That relative weakness matters because Technology ranks 11 out of 11 sectors (worst performer), so ASML is lagging even within the day’s weakest pocket of the market. 99% over the past 90 days. In that backdrop, ASML’s pullback looks less like an isolated chart event and more like part of a broader cooling phase for tech leadership.
60. 00) (July 16) ASML vs LRCX, AMAT, KLAC, TER: 1-Year Return Comparison This peer comparison is based on a curated set of stocks selected for this analysis: Lam Research Corp (LRCX), Applied Materials Inc (AMAT), KLA Corporation (KLAC), Teradyne, Inc. (TER), and Qnity Electronics, Inc. (Q).
24 percentage points. On an individual basis, it finished ahead of or tied with two peers but trailed three: Teradyne, Inc. 16%). Within the group, Teradyne, Inc.
72%, while Qnity Electronics, Inc. 66%. 13%. 24% Weight Significance: Because ASML carries such a heavy weight in these funds, any significant inflows or outflows for these ETFs will likely force automatic buying or selling of the stock.
26 at the time of publication on Monday, according to Pro data. Photo via Shutterstock