ASML Holding N.V. (NASDAQ:ASML) is one of the AI Stocks In The Spotlight For Investors. On September 11, ASML Holding NV and France-based AI leader Mistral AI announced a strategic partnership to explore AI model integration across ASML’s product portfolio as well as research, development and operations.
This will benefit ASML customers to benefit from faster time to market and higher performance holistic lithography systems.
ASML is also leading a €1.3 billion Series C funding round for Mistral AI which gives it an estimated 11% ownership in the AI firm on a fully diluted basis. The investment aims to support ASML’s development and strengthen their long-term partnership benefits.
“The collaboration between Mistral AI and ASML aims to generate clear benefits for ASML customers through innovative products and solutions enabled by AI, and will offer potential for joint research to address future opportunities. We believe that this strategic partnership with Mistral AI, which goes beyond a traditional vendor-client relationship, is the best way to capture this significant opportunity. We also believe that this collaboration is value enhancing to Mistral AI.” -ASML President and Chief Executive Officer Christophe Fouquet.
ASML Holding N.V. (NASDAQ:ASML) develops and sells advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing.
While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT:10 Buzzing AI Stocks on Wall Street and 10 AI Stocks on Wall Street’s Radar.
Disclosure: None.