Better Buy: Nvidia vs. ASML
Nvidia (NASDAQ: NVDA) and ASML (NASDAQ: ASML) are two of the world's most important semiconductor companies. Nvidia is the world's largest producer of discrete graphics processing units (GPUs) for video games, graphical applications, and artificial intelligence (AI) tasks. ASML is the top producer of lithography systems used to etch circuit patterns onto silicon wafers and the only supplier of top-tier extreme ultraviolet (EUV) lithography systems required to produce the world's smallest and densest chips.
Nvidia is a fabless chipmaker, outsourcing its production to third-party contract chipmakers like Taiwan Semiconductor Manufacturing (NYSE: TSM) (TSMC) and Samsung. Those leading foundries use ASML's lithography systems to manufacture their chips, so we can safely say that Nvidia and other fabless chipmakers couldn't survive without the company.
Image source: Getty Images.
Source Fool.com
Taiwan Semiconductor Manufacturing Co. Ltd. ADR Stock
With 28 Buy predictions and not a single Sell prediction Taiwan Semiconductor Manufacturing Co. Ltd. ADR is an absolute favorite of our community.
As a result the target price of 207 € shows a positive potential of 22.49% compared to the current price of 169.0 € for Taiwan Semiconductor Manufacturing Co. Ltd. ADR.
