NA

one-won-juan

OP pls understand 1. Is pre revenue and 2. Yes jt has been delayed but MNOs are still endorsing, have been working with asts for years for integration, are now doing the regulatory actions to give spectrum rights to their networks in NA. It hasn’t been proven at scale yet but ATT and Verizon have been what it’s capable of for awhile now. I don’t think there is a single space company that has hit every deadline when ramping up. also there’s a reason why the guy ur replying to is banned on the ASTS subreddit lol, and it’s not just because of pessimism

Supermoon26

Same here, Miata NA, Ducati 996, KTM 950SM, w211 e-class, mk3 Toyota mr2

Jyil

And so did Australia, UK, and most of the EU. Is this your first time learning about how some of the biggest stock markets outside of the NA operate?

ethereal3xp

Its popularity is low. BNB presence is low in the NA. I would go with MSTR or BMNR. Public traded leaders in BTC and ETH. Or check out DAPP ETF that has MSTR and other stocks that hold BTC/ETH. Even if Crypto doesn't do well - DAPP still does well. Since they also hold stocks in HPC stocks like Iren, Terawulf, Applied Digital etc. So if Crypto does well.... its like icing on the cake.

Minimum_Method_8823

Dont you have tax-shelttered accounts to invest in Europe? Where u can take 100% of your capital gains like in NA? Just curious

fungoodtrade

Honestly it depends on what other addictions he may have as to what group/s may work best for him. The most common addictions people think of are drugs, alcohol, gambling, food, sex, codependency. You have your vanilla 12 step groups, AA, NA, etc... then there are other groups like refuge recovery which is a Buddhist informed recovery group, or Recovery 2.0, which is kundalini yoga informed, You can get him the refuge recovery book, tell him to go to an online meeting, buy tommy rosen's book "recovery 2.0" etc. Tommy has a good story, that includes gambling addiction. He isn't alone. that's for sure. Overall getting involved in a recovery path usually leads people in their own directions, so these are just some basic ideas. You can DM me if you have follow up questions. Recovery is a process that pretty much everyone should be involved in in my opinion. He can pull out of it and move on and it will be much easier with a community of people that have also dealt with insane shit of their own and talk about it.

EuphoricElderberry73

Toyota NA lost $430M last quarter on blowout sales (90K over previous quarters). They didn't raise prices yet and if they don't... they might as well stop selling cars in the US because they can print money elsewhere in the world.

Negative-Prime

That is not what Apple was doing before the iPhone launched. By that time the iPod was easily the most popular mp3 player in NA, if not the world, and mac books were already taking over college campuses. I don't like Apple products, but it didn't take a genius to see that the company had completely turned itself around by 2005.

Independent_Term5790

I am curious if lulu is ever worth buying again. NA market is a shitshow and my wife says nobody in her spin/yoga class wears them anymore, but at 11 pe and a reasonable European market share idk

Key_Song4837

I contemplated to go in on July 3, but sat around for a couple weeks mulling over the full port. Then I started playing league and realized how in NA soloqueue I should first pick, lock in, Nunu ghost cleanse to get back into challenger. My roommate worked at Opendoor. I wrote this pre ChatGPT when I had him refer me in: I've known Evan since his college days and it still rings true today, he is a strong advocate for the open door policy. Whether it be when we first learned about the Open Door Policy on September 6, 1899 when the United States called for protection of equal privileges for all countries trading with China; to today, where Evan still leaves his door open to all opportunities for a fair chance and equal opportunity. Evan embodies openness and is a strong candidate to Opendoor. Once I found this referral note, I full ported to Open and haven't looked back.

realgangbanga

IRYNA ZARUTSKA SAY HER FUCKING NAME 13% of the population 52% of the violent crime NA IH DA WHIPIPO FALT DOE IT DEY FALT

realgangbanga

IRYNA ZARUTSKA SAY HER FUCKING NAME 13% of the population 52% of the violent crime NA IH DA WHIPIPO FALT DOE IT DEY FALT

realgangbanga

IRYNA ZARUTSKA SAY HER FUCKING NAME 13% of the population 52% of the violent crime NA IH DA WHIPIPO FALT DOE IT DEY FALT

realgangbanga

IRYNA ZARUTSKA SAY HER FUCKING NAME 13% of the population 52% of the violent crime NA IH DA WHIPIPO FALT DOE IT DEY FALT

ManonFire1224

> ONLY for NA H band spectrum How can you be so wrong when the information is public?

SurgicalDude

SpaceX paid more than ASTS market cap ONLY for NA H band spectrum. The plan is also terrible to launch close to 5000 satellites that asts can achieve with 60 due to different orbits selected. So this is an overreaction. I'm also saying this with being aware that ASTS hasn't launched the FM1 that was scheduled in August. They literally have to launch soon otherwise their competitive gap will keep closing

bilboomerbaggins

Ok boys, POWER HOUR OR NA?

rama833

I live in Vancouver, athleisure capital of the world, and I see the Lulu logo everywhere and stores are packed which is why I made the bet. Yet apparently growth is now non-existent in NA when it’s peaking in popularity and that’s not a good sign. P/E doesn’t mean anything in this market, it’s all about growth and sentiment. I do hope the share price will rebound for you.

Brazilll

They already have a High NA machine for R&D purposes though. The likelihood of them switching to High NA for volume production production at some point (probably 2030-ish) is basically 100%. In the meantime they're still buying record numbers of low NA machines, which are also not making ASML any poorer. So yeah, long ASML.

Wenzel_Washington

It’s mechanical engineering and not tech. It’s a classical cyclic product. There is risk of loosing the monopoly: china is making a similar euv machine. Although it won’t be as highend as the asml one it will be easier for china to improve to 4-5 nm than for asml to go for 1-2nm. Also its not only about the highend market. They could compete in the mature market with asml. High NA machine selling has not started yet afaik. Their lead customer is a monopoly too (in the high end market). Just some bearish points. I think longterm china is a risk, if they’re not allowed to sell the machines there. Anyways, with all that in mind it will go up eventually, especially when the next generation will be sold.

Brazilll

When their next generation of machines (High NA EUV) are used for volume production by all the major players (mainly TSMC, Intel, Samsung) we'll see a new growth phase for ASML. It's only a matter of time before this happens.

adamsmith93

The company has grown in other areas like energy expansion. Competition is picking up in China yes but BYD isn't available in NA, a huge car market. Other competitors like GM and Ford are still burning cash. No other EV compares to Tesla's vehicles. Likewise they've all adopted NACS too, cornering the charging market. AI is being used in their self driving, something they've launched publicly and are expanding everyday. Not to mention the Optimus stuff.

CuriousBruv

lol not really in Europe. They’re all wearing Levi jeans, linen pants, or dress pants. They spend top dollar for fashion. Not like NA girls. Brand names and quality matter.

elgrandorado

Interesting that SK Hynix is the first of the chip fabs to stand up a commercially ready High NA EUV machine based off news from SK Hynix. I always figured it would be one of the logic firms that would integrate first in this manner. They'll be using it as an R&D testing unit for prototyping bleeding edge DRAM, before adopting the technology fully next decade (which lines up with analyst long term projections on revenue growth in my eyes). Interesting stuff.

binga001

Do you know how to use their high NA UV lithography machine and where will you keep it? In your mom's basement?

Skydance98

There absolutely are, though you may have to look around some. There's plenty of information on ESG Investing, and various funds out there, like ESGV, XVV, or EFIV and others such that make some attempts at ESG investing [https://global.morningstar.com/en-gb/sustainable-investing/how-to-exclude-weapons-from-your-portfolio](https://global.morningstar.com/en-gb/sustainable-investing/how-to-exclude-weapons-from-your-portfolio) [https://weaponfreefunds.org/](https://weaponfreefunds.org/) [https://etfdb.com/esg-investing/social-issues/weapons-involvement/](https://etfdb.com/esg-investing/social-issues/weapons-involvement/) [https://fossilfreefunds.org/blog/2025/05/22/bankrolling-bombs-how-your-401k-funds-war-machine-what-you-can-do-about-it.html](https://fossilfreefunds.org/blog/2025/05/22/bankrolling-bombs-how-your-401k-funds-war-machine-what-you-can-do-about-it.html) [https://fossilfreefunds.org/fund/spdr-sp-500-esg-etf/EFIV/investment-profile/FS0000G0NA/F0000156AN](https://fossilfreefunds.org/fund/spdr-sp-500-esg-etf/EFIV/investment-profile/FS0000G0NA/F0000156AN)

EngRookie

Now imagine intel was forced by the government through the defense production act to allow tmsc to use its fabs and have their engineers/scientists take over production. [intel acquires entire 2024 stock of highways NA EUV lithos](https://www.datacenterdynamics.com/en/news/intel-acquires-asmls-entire-2024-stock-of-high-na-euv-machines/)

MyCactusTeacher

Fakest V NA

Capable-Raccoon-6371

There is no way in hell this happens. The US government wants EUV and High-NA photolithography in our borders. It's a national security risk to sell these GPUs to China, full stop... I expect to see progressive bans for more tech to China, and a further bolstering of US semiconductor manufacturing such as the recent stake in Intel. Unfortunately, Nvidia is stuck in between a geopolitical war between two superpowers, and they operate within one and manufacture in close proximity to another. The only way I can see this happening is if NVDA commits to move manufacturing away from TSMC to Intel foundries, which is very unlikely to happen. Apple will probably be the first to kiss the ring on that deal anyways. This is more than just "AI" and chatbots, it's mainly securing control of semiconductor manufacturing.

MyCactusTeacher

Most obvious 11 am rugpull NA

alderson710

I’m in NA btw. I just happen to actually lived in both and I know the difference. You clearly not.

sdkiko

guess who's back back again shady's back back a friend guess who's back guess who's back guess who's back guess who's back TA-NA-NA-NA-NÃM-NÃM-NÃM I'VE CREATED A MONSTER (PORTFOLIO) CAUSE NOBODY WANT TECH NO MORE THEY WANT (WEEEED) AND IF YOU WANT WEED...

No_Clue_3225

Kpop demon hunters tops NA weekend box office damnn. is it that good.

O_J_Shrimpson

They definitely do in the states. There are some NA beers that taste exactly like craft beers. Athletic is a a US brand that’s crazy impressive. I drink them every time a do a sober month and other than not getting a buzz I can’t tell the difference. It’s just a super niche market.

galtoramech8699

I like NA but why not reduce content. NA is .5 percent alcohol and typical drinks are 5 percent. Why not 3 percent alcohol maybe

GodFeedethTheRavens

I enjoy a craft beer. Not to even feel buzzed. I legitimately enjoy the taste of a beer. NA beers miss the mark, Guiness 0.05 is the closest to the real thing and I will probably drink more of that lately because alcohol isn't good for you. But I never enjoyed weed in any of its forms. I just really fucking hate soda.

BobAndy004

Those corona NA’s are delicious. Better than regular corona.

re4ctor

If I’m out and don’t want to drink but other people are drinking, a NA beer is nice. They taste much better these days. But paying full price for it still feels fucked. I usually just get a light beer and a water and temper it

Top-Rooster8683

Interesting post. Im considered a heavy drinker, but have slowed down significantly since I’ve gotten older (39m) I’ll still drink 15 beers some weeks and will go a month without drinking… but the younger generation seems to not have a taste for alcohol at all. I will say, after traveling with my brother ( who’s in recovery ) 3x last year - NYC, PHX, and DC - the NA market is huge. Every bar we would go to in each city had NAs and a lot of them. Bar tenders and Bar managers also would talk to us about how NAs sell all the time as the younger generation wants to be social but not drunk- and who wants to go to a bar and order a Pepsi.

LLMprophet

NA beer is a dead end. Shit's been around for decades and it's not like the mainstream has cared.

O_J_Shrimpson

I don’t think NA beer is a good investment either. It’s an extremely niche market. It’s just former drinkers. The problem is, is the younger generation isn’t drinking to begin with. If they haven’t acquired a taste for it they aren’t going to want something that tastes like beer but doesn’t give you any effect.

TuskedCrusader

I currently work at MolsonCoors and will never buy their stock due to poor leadership and resistance to change. I remember last year they briefly mentioned investing a small amount into NA beer, but every portfolio presentation since has never reference NA beer.

GarrettBaldwin

only market is NA? what about the gulf states? seems they will be very popular in the middle east. They are nice cars.

Critical-Scheme-8838

Not enough exposure or use in NA for it to hit HOOD levels. If HOOD does well, Bull will get dragged up with it.

Geddagod

Simply having the newest ASML machines doesn't guarantee that their node will be better, or even competitive, with TSMC. High NA-EUV, at least with 14A, is predominantly about improving wafer cost. Hence why Intel also claims 14A is possible to develop without High NA EUV too.

Art-VanDelais

Google is your friend (from April '24) [With High NA EUV, Intel Foundry Opens New Frontier in Chipmaking - Intel Newsroom](https://newsroom.intel.com/intel-foundry/intel-foundry-opens-new-frontier-chipmaking)

salty0waldo

I don’t think it’s too late, but I have been waiting for some steam to come out (pun intended). The names I have liked (I guess take my opinion for what it’s worth): CEG - top nuclear energy generator in NA, numerous nuke sites and is buying Calpine to increase nat gas plants VST - Texas based with increased footprint in PJM area with recent acquisitions, numerous nuke sites in purchase along with nat gas TLN - single nuke site, PJM area, some Montana exposure D - split generator and utility, Virginia based SO - commissioned newest US reactor, Vogtle Haven’t looked at NRG. I like CEG and VST the most personally.

abrittain2401

The rises in food and shelter costs are pretty much happening everywhere in the developed world, from NA, to Europe, to Australia/NZ. Many reasons for it from too little supply of new housing to energy prices to conflicts to climate/harvest issues etc. 

BING_BONGER666

Unfortunately, there really isn't any in NA yet. ABAT is probably the closest thing to what you're looking for.

981flacht6

The bigger problem for me with Intel is two fold. The fab situation is bad, they can't get yields and they dragged ASML down. In this scenario, any Trump backed bailout is going to end up being a check to ASML. Their High NA EUV machines cost $400m each and each fab needs 2-3. My second problem is what is left of Intel today. They sold of big parts of their business, like memory, and getting away from networking, FPGA. So they've slimmed down their business, fired people, done a lot worse and have lost IP. And that's an even bigger problem for me. They aren't building, they're breaking their business apart. And they sold everything that could help them make a proper SOC. So they're confined to what they always sold which is an x86 processor. And in Datacenters, x86 is more power consuming. If you start putting your TCO hat on, you're gonna find out ARM processors are way more efficient from a power perspective and from the amount of work you're gonna get done. When we are faced with building Datacenters requiring many gigawatts of power, Intel is where you start making cuts. And Nvidia is actively replacing all their CPU pairings with ARM Grace CPUs. So now that we're starting to do some real math here...every 1 GW power requirement for a Datacenter is translating to a $50b opportunity for Nvidia (reference Vivek Arya/BofA Global securties). So what do I see knowing this ...Datacenter processors cost $15k from Intel and they're about to have their lunch eaten on x86 Datacenter processors. Long term, I see Intel splitting into two, x86 license and remaining IP will be sold off to Qualcomm (my prediction) or Texas Instruments. Qualcomm loves IP licensing. The fabs..I don't know.

Wrong_Phase_5581

Well first id like to clarify that I didn’t recommend any of these for investment. Just stated the fact of who owned what markets. Focused on tech because I know tech very well. Where we disagree: I would say tech has stronger moats than many industries. Nvidia, for example has a software stack (CUDA) that allows their chips to be optimized perfectly for hyper scaling tasks, allowing them to have a massive moat that is essentially impossible to break because they have now integrated their software with the talent that designs ai. TLDR: ai devs know CUDA, that’s what they use, so big tech is orienting around Nvidia. This is just an example. But you see this kind of moat all over tech. Where I agree with you: ASML is a shaky moat in EUV. Their entire value is derived from the whole “Nikon and canon can’t make EUV machines because they don’t know how”. But the issue is: if they ever figure it out, ASML loses 30-50% of its multiple in a day. Because aside from the monopoly slogan, they don’t grow sales that fast, are super cyclical, very capital intensive, and only have medium margins. In their case, they don’t have a defense better than “hopefully no one catches up”. They are not really innovating past EUV on account of the fact that no one needs anything better than that at the moment. Your only target customers are Samsung, Intel, and TSMC for high NA EUV machines (newest version). As they advance, customer numbers shrink.

FaithlessnessEvery98

Yall are distracted fron the big money dollar tree shorts 95percent of there product is from CHI NA

Pepe__Le__PewPew

What fraction of the total wine NA wine market is Canada?

97E3LPL

Incorrect. RDDT record high was \~7Feb. It was down 40% by early March, a month before DT announced global tariffs. DT only targeted China, NA and SA in March and 2 Apr was when he announced global actions. RDDT was down nearly 60% before that announcement. [https://www.nytimes.com/2025/03/13/business/economy/trump-tariff-timeline.html](https://www.nytimes.com/2025/03/13/business/economy/trump-tariff-timeline.html)

BourbonAssassin

That is where it would get interesting because he would need congress and general support for something beyond drone air strikes. Can’t EO his way through that one. Getting support to attack someone in Europe or NA/SA would be very unlikely

Gullible-Guidance970

FuboTV’s preliminary Q2 2025 results show significantly stronger performance than prior guidance. The company expects North American revenue >$365M (versus prior guidance $345M) and paid subscribers >1.35M in NA . (Rest-of-World revenue is expected >$8.5M with >0.34M subscribers , implying total revenue ≈$373.5M.) Net loss is projected at ~$8M and adjusted EBITDA ≥$20M (its first positive EBITDA quarter) . End‑Q2 cash is “at least $285M” . The IR release did not disclose ARPU. • Total Revenue (Q2 2025) – ≥$373.5M (>$365M North America + >$8.5M ROW) • Paid Subscribers (Q2 2025) – ≥1.69M (≥1.35M NA + ≥0.34M ROW) • Adj. EBITDA (Q2 2025) – ≥$20M (positive) • GAAP Net Loss (Q2 2025) – ≈$8M loss Analyst Consensus Estimates Analysts expect a modest year-over-year revenue decline but positive EPS. The consensus revenue estimate was about $367–369M for Q2 2025 . (This implies a ~5–6% YoY drop.) The consensus adjusted EPS was roughly +$0.03 . These estimates reflect analysts largely holding prior forecasts entering the quarter. For example, Seeking Alpha notes a consensus Q2 revenue of $367.08M and EPS of $0.03 . AInvest similarly cites $368.9M revenue and $0.03 EPS . (Barrington Research later raised its EPS estimate to $0.02 on July 30 .) Analyst Commentary Analysts and financial media reacted very positively to the preliminary results. Barrington Research, for example, raised its Q2 EPS estimate to $0.02 (from –$0.02) . Needham & Co. and Wedbush quickly bumped up price targets after the release (to $4.25 and $6.00, respectively) , reflecting a bullish outlook on Fubo’s turnaround. Benzinga News noted that the preliminary results “beat estimates” and underscored Fubo’s first positive EBITDA . Benzinga’s report highlights that Fubo expects revenue far above its own guidance and notes that share counts and profitability drivers surpassed Wall Street’s expectations . In short, analysts interpret the stronger-than-expected metrics (revenue, subs, positive EBITDA) as a sign Fubo will likely outperform estimates. Market Reaction Investors responded enthusiastically. FuboTV’s stock jumped roughly 20–22% on the news. Benzinga reports the stock was trading 20.8% higher in mid-morning trading immediately after the announcement . (A RollingOut article similarly cites a 22.3% intraday gain on July 30). The Benzinga analysis also notes Fubo is showing “exceptional trading momentum” on its platform . Upgraded price targets and the stock rally indicate a significant swing in investor sentiment; Wedbush and Needham boosting targets is seen as validation of Fubo’s recovery. Conclusion: The preliminary Q2 figures are above both Fubo’s own guidance and analyst consensus for key metrics. Total revenue appears set to exceed forecasts (≈$373M prelim vs. ~$367M expected) and the company is finally delivering positive adjusted EBITDA. Analysts’ own estimates have already moved up (Barrington now sees $0.02 EPS). In light of this, Fubo is likely to beat its Q2 2025 consensus estimates when it reports on August 8. Revenue should come in above forecasts, and the narrowing losses / positive EBITDA suggest EPS (on an adjusted basis) should exceed prior projections. Overall, the data strongly imply a beat

kiyomoris

Siemens is probably the most versatile, including Healthiners, Energy and Mobility ( although stuck with AG). IAG. Yes, I know. It's an airline stock but its the most versatile airline company in the world. It owns two big lions ( British and Iberia) and Aer Lingus. It is the only airline with the mission to have net zero emissions by 2050, it has a fuel deal with Microsoft, has a joint air cargo with Qatar and Malaysia airlines. It is also partially owned by the government of Qatar and I am only stating this because of funding. It is actively renewing its aircraft fleet. IAG is currently in the front line to acquire a stake in the Portuguese airline TAP. If it succeeds, it has no competition in long haul flights between EU and NA / South American countries. Novo Nordisk. Greatly undervalued. If semiglitude can indeed help with Alzheimer and Parkinson's, it opens a huge market for dementia and neurological conditions, other than diabetes and overweight individuals.

flamingtoastjpn

That’s a machine to make PCB’s, chips are a lot (truly, and almost incomprehensible amount) more complex than a PCB. One high-NA EUV machine costs almost $400 million

TheStratosaur

High NA EUV isn't going to start paying off until 2028-2029, so there's still a chance if you hold long enough. But that assumes they're able to succeed with it, which... remains to be seen.

OrdinaryWeekly7468

No, I meant overproduce. OPEC just announced that they're stopping their cuts and are going to flood the market over the next month. That's sending oil into the red. If oil prices drop off, then producers in NA start dropping like flies because they can't afford to stay producing. OPEC does this when they want to hurt US oil producers and refiners.

Chilkoot

> every time they overproduce I think you meant "underproduce" there, driving the price up and making NA oil extraction profitable.

mrroofuis

Toyotas operating profit was supposed to be 21.7billion profit for North America for fiscal year ending in March 2026 These tariffs will be cutting their profits nearly in half if they remain in place It'll be interesting to see if Trump decides to up the tariffs. Making Toyotas NA operations not worth it

SuperRedHulk1

They didn’t remove guidance? They forecasted negative growth which is considerably worse. -9% revenue y/y is nothing to scoff at, and I’d say it warrants a significant punishment, granted the valuation was already very low. The impairment of HEYDUDE just shows how weak the brand has gotten. -6% growth in NA is worrying, though international was better than expected All in all, crocs has a lot it needs to turnaround, and its cheap valuation is really its only redeeming factor, though it’s cheap for a reason

DennistheDutchie

Mate, I bought in at 55$ when I heard they would go all in on high-NA litho. Pity me at -50%.

Distinct-Race-2471

And now Intel has High NA EUV and TSMC doesn't.

Distinct-Race-2471

18A is not way behind... The TSMC rumor mill has piled on about yields and defects, but the company has not released anything but positive news about 18A. I'll trust the official company releases over the short hype train. Intel went from 2+ generations behind to near parity in 5 years in the most complex and expensive business out there. Even the most skeptical industry tech heads suggest that 18A should produce higher performance chips than their competitors. Further 14A should be the best node out there when completed. Intel are now going to be years ahead in High NA EUV tech. They were the first company to buy, and this should give their 14A a very nice lead. TSMC aren't scared of any company but Intel. They were in Intels dust for years and they know Intel is the only company who can take the crown! I'm all in baby!!!

Wowmuchrya

NA burger eater wake up and purchase same 7 stocks that China man dump overnight.

Rude_Assistance_4386

Brokers need to introduce sound effects man TD, Robinhood, they can all afford to spend like $150 on a Cameo from Shania Twain, so when SPY is up 1% at the bell, I open my app and hear "Let's go Bulls, DUN-NUH-NANA-NUH-NA-NA"

Retr0gasm

Porshe sales were up 10% in NA for the first half of the year. The market they're taking the largest hit in is China, and their sales have been dropping there for three consecutive years. The chinese domestic market is why the EU and the US have been stepping on their balls implementing censorship (Facebook and Google) and joint ventures (Tesla, Mercedes, etc) to get a piece of the pie. As the chinese switch to domestic brands those chickens are coming home to roost, and all the more so when that market is in downturn.

Paperman_82

Probably not. Moe, Saskatchewan's Premiere for non-Canadians, isn't big on pushing back on US demands. The two provinces with some of the largest leverage - Saskatchewan and Alberta - with potash and oil would rather roll over and capitulate to US demands because they aren't worried about automotive, aluminum or dairy. Odd considering that China also has 100% counter-tariffs on canola and capitulating to US demands would probably mean the end to Canada auto/auto parts industry. So would we keep the 100% tariffs on Chinese EVs to keep the US happy but have no part of the NA auto industry. That's quite a win-win scenario if that's Moe's goal.

Skeezerman

I havn't seen anyone mention the fact that the ASML litho monopoly focuses on high resolution nodes, Nikon is still a player in the dry litho area. However, the trend industry wide is mostly centered on developments within advanced packaging which doesn't lean as heavily on the high NA/EUV area.

Enelson4275

It's really not resources. It's the processing aspects of long supply chains. It is simply hard to have a long, complex supply chain in NA that doesn't redirect into Canada and/or Mexico at some point(s).

SpotlessCheetah

Because each machine they sell on the high end costs like $400m for high EUV machine and every FAB only needs 3-6. And when you see Intel not being able to produce yields with High NA EUV machines it doesn't bode well for ASML. ASML is a partner. Intel not being able to figure this out isn't good for ASML. TSM isn't buying High NA. They're just buying NA EUV machines which are like $2-300 million each.

vibe_assassin

The problem is no one in North America gives a shit about any meta products except Instagram. Yes they make money but culturally they’re all irrelevant here. I’d be very curious to see which regions are driving their growth, cause I don’t think it’s NA or Europe

tired_ani

It makes sense , it cannot be bad news for ASML but ASML is 3rd removed from Meta Capex dollars. There are some “ifs” around it. First layer Chip Designers, if it’s an increase in compute spending? Second layer, Foundries If Intel or Samsung get any business from above? Third layer, ASML Is high NA actually needed to meet this demand? All of them could be favorable for ASML but I don’t get the confidence I used to have about an increasing amount of money reaching them from this news. Having said that it is a largish individual position for me and I will buy more below 700$

maneil99

Not sure why you think that housing wouldn’t have skyrocketed without QE. What you’re seeing the in US for housing is primarily what many cities in NA/EU have been experiencing since 2010+. Restrictive zoning laws strangling supply and fomo / demand skyrocketing as everyone buys what they can with no fear of losing $.

Dang3300

Just buy ASML man, looks like more orders for High NA EUV are going to come in

ardo1

NA (nano labs)

Reasonable_Roger

How do you figure that? They literally posted a letter about the JPN deal boning them. I guess their argument was that 15% for JPN (or EU) fucks them because they're still paying 25% and potentially soon higher for a good majority of the NA supply chain with Canada and Mexico. I guess if we get CA and MEX deals, which I'm assuming we will or another taco, then it's not bad for them.. but right now I don't see the benefit. Japan pretty clearly has very low interest in American autos. Is the EU really any different? I feel like Japanese/Chinese/EU autos are far more popular there than ours are.

Daemon-Bael

Making EUV technically isn't that hard. Pushing the at wafer dose levels high enough for HVM is a whole other animal. Don't even get me started on the optics and metrology systems required for High, and soon to follow ultra high NA patterning and overlay precision. ASML is so far ahead of the game in those aspects, they will hold the market easily for the next few decades.

beefydontdie

Enbridge or another natural gas play with a ton of infrastructure that makes them irreplaceable. They have a 6% dividend, natural gas provides 40% of the electricity in NA, the world seems to need more air conditioning every year. They just seem so safe and it’s tough to see them not growing at least 4% a year which is 10% with the dividend. Give me a safe 10-15% annual return for 20 years and I can retire comfortably

benj760486

The NA inline six is reliable it's the turbos that are finicky

Anshumansri

OP is being dumb for not posting real DD. I can give a little bit of info. They're an issuer of ETFs in Europe for the equivalent if bitcoin or eth etfs in the USA. Theyre one of the only established players in Europe and have the highest solana treasury in NA. They also have a trading advisory and ventures business. Forward p/e of like 8 which is insanely low. One of the few profitable crypto companies

TacomaSR5

CHY-NA play....very risky

Gloomy-Database-780

The Beginning of the End for ASML: When “Smaller is Better” Becomes a Liability At ASML, they like it small.  Like, really small. Obsessively small. They bet the entire future of Dutch lithography (and let’s be honest, a good portion of Dutch GDP and  high-tech supply chain) on extreme miniaturization. High-Numerical Aperture (NA) optics, ultra-high-resolution, Extreme UV (EUV), because nothing says “innovation” like making things more fragile, more complex, much more expensive, and possibly harder to maintain. Meanwhile, growing lithography players like China, Korea, and Japan are working on alternative advanced lithography solutions that mat actually work without the eight-figure price tag, the maintenance nightmare, or the requirement to worship at the altar of a 13.5nm EUV light source that eats kilowatts like popcorn and may or may not decide to take a nap from time to time. Let’s talk about that magical High-Numerical Aperture (NA) tech. Sure, it reduces the diffraction-limited spot size. But it also shoves process flexibility and  resist formulation into a tight, dark corner where few chemists wants to go. The higher the NA, the lower the depth of field, with much less forgiving exposure settings. The thinner the resist, the worse the dry etching selectivity. Add in more complicated top and bottom anti-reflective coatings, tighter process windows, and guess what? The yield curve may start to look like the actual ASML  stock price forecast. And oh, the projection masks! ASML’s latest scanners require masks and reticles that are so complex, delicate and involving very expensive transmissive materials that they might as well come with their own therapist. Want to scale production? Better hope the mask lifespan isn't shorter than a Dutch summer. That’s if the alignment system doesn’t sneeze and shift your $400M system into a week-long downtime. Let’s not even start with the EUV illumination source. It's basically a miniature fusion reactor strapped to large mirror array requiring picometer (1/1000 nm) precision and somehow expected to run 24/7 without crying for help. Too bad there’s almost no field data (since barely anyone can afford one of these machines) to understand how often these monsters need service. So yes, it’s cutting-edge... in the same way cutting your budget in half with a scalpel is. And the punchline? The bottleneck in computing isn’t even at the transistor level anymore. It’s data movement. Interconnects. Routing. Things that photonic waveguides (with hundreds-of-nanometers features) can handle without sub-10nm insanity. That means all this resolution obsession is starting to look like solving a traffic jam by building a gate of many narrower roads...What a well thought idea.  Moor's Law? It’s hitting a wall harder than a Dutch bicycle courier on a rainy morning. Most industries are pivoting R&D to systems-level innovation, photonics, neuromorpics or software innovations. You know...things that may work without requiring a 400-million-dollar microscope. But don’t worry, ASML has a plan: PR. More LEGO kits, more journalists and analysts singing praises, more influencers pretending to know what NA means. Because nothing inspires confidence in a nation’s tech crown jewel like a desperate media blitz and sponsored STEM toy kits. Moreover it looks like the ASML’s $1 trillion narrative is built on a brittle foundation of overhyped EUV fantasies and nearly billion-euro hardware with unpredictable ROI. In an age where system-level optimization outpaces node scaling, their valuation is less tech leadership and more tech bubble. Investors should ask: are you buying into the future of semiconductors, or into the most fragile bottleneck in its supply chain? The future is uncertain, and ASML’s once-mighty empire may just be shrinking faster than its lithography nodes. Good luck ASML, you’re going to need it.

joecarter93

Yep, there’s not too much demand for every office worker to drive a Ford F-150, like there is in NA.

WindHero

I doubt that Japan can export as many cars as it wants to the US with only a 15% tariff under the new deal. That would be surrendering the whole NA auto market to Japan. Japan's GDP per capita is 1/3 of the US, salaries are much lower. No way US made cars can compete with just 15%

Bright-Blacksmith-67

No way I could park an SUV in the parking spot the houses I lived in. Yes, some of the larger houses have a driveway big enough for a Toyota Crown but these are the exceptions. But the bigger issue is the road tax which doubles or triples once the engine size exceeds 660cc. Do you know of a NA car model with engines less than 660cc?

Wowmuchrya

Oh cool same script of red overnight as Xi Jinping sells and then NA McDonald’s workers wake up and buy.

byggusdikkus

Yeah I get where you are coming from even if I don’t agree - the market share is getting swallowed by other manufacturers outside of the NA market, but where it’s wildly impossible is the this year part. You think they are going to drop a product or service that makes them the consumer ai standard in the next 5 months?

wolf8sheep

>It’s all a gamble. If people say they know for sure something is going up, they probably don’t know anything about anything unless it’s insider trading. This is from another comment I made the other day that is relevant here as it highlights the roadmap of tsmc and the eventual processing and energy improvements from moving to a gates all around transistor measured off the angstrom scale. Edit: the parallel with nvidia when factoring in tsmc a14 node is the cosmos/omniverse to model physical ai such as robots trained off of synthetic data which needs much more processing power and lower energy requirements. 1.4nm by 2028 if you remove the china problem will be a golden age. If you include the davidson window of readiness by 2027 then look out below. https://www.aminext.blog/en/post/tsmc-a14-angstrom-process-tech-strategy-1 Process Generation Target Mass Production Main Transistor Architecture Power Delivery Network Primary Lithography (Est./Confirmed) Key Features / Goals N3 (variants) In Production FinFET (Optimized) Frontside (FSPDN) 0.33 NA EUV, DUV Multi-Pat Final FinFET optimization, diverse PPA options N2 2025 H2 Nanosheet GAAFET Frontside (FSPDN) 0.33 NA EUV First-gen GAAFET, significant PPA improvement A16 2026 H2 Nanosheet GAAFET Backside (BSPDN/SPR) 0.33 NA EUV Introduce BSPDN, optimize HPC performance & density A14 2028 GAAFET (2nd Gen) Frontside (FSPDN) 0.33 NA EUV (Confirmed) First Angstrom node, further PPA enhancements A14P (Planned) 2029 GAAFET (2nd Gen) Backside (BSPDN/SPR) 0.33 NA EUV / Potential High-NA EUV Enhanced A14, adds BSPDN, possible High-NA evaluation

981flacht6

I sold my 3 year long position. They fucked up this entire company, sold off too much of it, fired too many people, gutted morale, and keep paying people dog shit wages. TSM won't buy NA High EUV machines from ASML for 400m either and Intel continues to move goal posts on 18A now to 14A without suceeding. They're done. TSM is going to build 15 fabs and they are going to aggresively build inside of America. On the X86 front, ARM is taking over in the datacenter space where every single NVIDIA NVL72 rack will come with 2x ARM Gracewell CPUs per tray pared with every 4 GPUs. So that's 72 GPUs and 36 ARM based processors which reduce power consumption by around 25-30% per CPU. When we scale up 5 GW of datacenters, we're talking about approximately 150 watts of power savings per processor and power is actually the biggest constraint of AI datacenter infrastructure at the moment. Bullish on $ARM, Bearish on $INTC

hkzombie

Not too late for some of them (Innovent, Zai Lab, BeOne, Hengrui, Akeso). I like Innovent and Akeso the most. The downside of biotech investing is you need to know the therapeutic area, along with understanding clinical trials. Catalyst event timing is a bit more regimented since it's based around medical conferences, known clinical trial end dates, expected drug approval dates etc. Look for outside experience in the leadership and collaborations. It usually will facilitate outside licensing since Chinese pharmas usually handle China distribution, but will need outside partners for reach the NA and EU markets.

FarrisAT

Intel and Samsung were pursuing High NA to catch up to TSMC in 2022-2023 but backed off once they realized their leapfrog ambition was too difficult/early with High-NA EUV masks not at a high enough efficiency yet.

elgrandorado

Yeah it really seems like due to TSMC's dominance, they're able to hold off on High NA until absolutely necessary. The rest of the logic foundries are either still in development (Rapidus) or don't have the liquidity to pour money into High NA (Intel/Samsung). Frustrating, but not surprised. I'll keep an eye out over the next couple of quarters.

FarrisAT

Assuming ASML guidance is accurate, the stock trades for 24x Euro earnings. Assuming their guidance is conservative, as it has been for decades, the stock trades closed to 20x. Their backlog is €34.8bn. Roughly a year of total revenue, a few years of machine bookings. Their net bookings were pretty healthy and beat expectations. ASML only delivered 1 High-NA machine. The collapse of High-NA bookings is killing the stock. But unless foundries discovered a way to bypass Moore’s Law, they’ll eventually need to buy High-NA.

KABALI_JNP

not advising you to think less about money, but don't let money problem thoughts ruin your health. We should think about money but not to an extent that may be harmful for us. YEH SAMAY BHI BEET JAYEGA (works for both bad and good times though!) TUM KYA LEKE AAYE THE, AUR KYA LEKE JAAOGE. KARM KARO KARM, FAAL UPAR WALA DEGA. NASEEB SE ZYADA NA KABHI KISI KO MILA HAI, NA KABHI MILEGA.

jefbe80

NA might do something today.

LiL_Daquan

ill become a better happy person if the food is good ok guys?? im no longer a NIH NA NIH NA

PandemicInvestor

#$GOOG you fuckin awful stock. Sundar Pichai worst CEO NA