ASML Holding NV (ASML) Maintains Buy Rating as Bank of America Analyst Expects 16% Annual Earnings Growth Through 2030

On January 27, 2025By Littum

We have recently compiled a list of 10 key AI news on investor radars. In this article, we’ll take a look at where ASML Holding NV (NASDAQ:ASML) stacks up against the other AI stocks.

In an interview on CNBC’s ‘Squawk Box’, Alexandr Wang, founder and CEO of Scale AI, shared his insights into the ongoing AI competition between the US and China and emphasized its critical importance. Wang noted that while the United States has been at the forefront of artificial intelligence for the past decade, Chinese labs, particularly DeepSeek, are closing the gap. He said:

“It has been true for a long time that the USA has been ahead. And that’s been true for, you know, maybe the last decade. That being said, you know, the very recent event, Christmas Day, you know, about a month ago, DeepSeek released a model, which I think by the way is symbolic of the Chinese lab releasing, you know, a ground- crushing model Christmas Day, when you know, the rest of us kind of celebrate the holiday. And they released it to great fanfare, and then they followed up with their Reasing Model, the DeepSeek R1, which is the one we rated as the top of the ranking. You know, the reality is, yes and no. So you know, the Chinese labs, they have more H100s than people think you know.”

He revealed that DeepSeek has access to around 50,000 H100 chips despite US export controls, and suggested that Chinese AI development may be more advanced than many expect. Wang also discussed the rapid pace of AI model development, mentioning that different models excel in different areas. For example, OpenAI’s models are strong in reasoning, while Anthropic’s models are good at coding.

Regarding the new $500 billion Stargate project, Wang stressed that the US needs significant infrastructure and computing power to maintain its AI leadership. He expressed concern that the growing competition will require the U.S. to rapidly build more data centers and invest in energy to advance AI advances. While there are discussions surrounding the future of AI models and whether fewer, larger companies will dominate, Wang believes the market is set for exponential growth and could potentially become a trillion-dollar scale as AI evolves towards superintelligence or artificial general intelligence in the next. few years.

For this article, we selected AI stocks by reviewing news articles, stock analysis and press releases. We listed the stocks in ascending order of their hedge fund sentiment taken from Insider Monkey’s database of 900 hedge funds.