Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Deep Fundamental Analysis

ASML Q1 2026. Revenue Beat, Guidance Raised. What’s Not To Like?

ASML Q425. Employees Asking For Headcount Reductions? Give Me A Break!

ASML Holding NV - What's News in Amsterdam

ASML: Very Large Increase in Bookings, 2026 Guidance Higher than Consensus: Is It a Big Deal?

AI | Semiconductors | Commodities, Mint Finance

Raghav Vashisht

AI | Semiconductors | Commodities

Equity Bottom-Up

<ul>
<li>With standard EUV spoken for and High-NA capacity tight, ASML now dictates customer roadmaps, forcing foundries to build around tool scarcity rather than their own timelines.</li>
<li>Memory vendors are deploying billions in "survival capex" to secure finite EUV slots for HBM, while ASML looks to extend monopoly downstream into packaging and chiplet bonding.</li>
<li>Just as China sales normalise to 20%, ASML has killed its quarterly bookings disclosure. Will investors be forced to underwrite a revenue conversion cycle after this gauge goes away? </li>
</ul>


With standard EUV spoken for and High-NA capacity tight, ASML now dictates customer roadmaps, forcing foundries to build around tool scarcity rather than their own timelines.
Memory vendors are deploying billions in "survival capex" to secure finite EUV slots for HBM, while ASML looks to extend monopoly downstream into packaging and chiplet bonding.
Just as China sales normalise to 20%, ASML has killed its quarterly bookings disclosure. Will investors be forced to underwrite a revenue conversion cycle after this gauge goes away? 


TSMC (Taiwan Semiconductor Manufacturing) - ADR (TSM US)

TSMC (Taiwan Semiconductor Manufacturing) - ADR

ASML Pre-Earnings: When the Supplier Becomes the Ultimate Constraint