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Goldman Sachs raises ASML's target price to 2,000 euros, Micron and Samsung's capital expenditure expectations revised upwards

Goldman Sachs raises ASML's target price to 2,000 euros, Micron and Samsung's capital expenditure expectations revised upwards

AiCoinAiCoin2026/07/03 05:44
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According to research by Trend Research, Goldman Sachs raised ASML's 12-month target price from 1,770 euros to 2,000 euros on July 1, maintaining a "buy" rating. This represents approximately 16.2% upside from the closing price of 1,721.40 euros. This adjustment is based on upward revisions to capital expenditure expectations from Micron and Samsung: Micron has provided a fiscal year 2027 capital expenditure guidance of about $50 billion, while Samsung announced an investment plan of approximately 2,450 trillion KRW from 2026 to 2040, with around 76% allocated to semiconductors. Goldman Sachs expects the Chinese market to absorb current capacity this year and anticipates a new wave of equipment orders in 2027.
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