We recently published 11 Stocks on Jim Cramer\u2019s Radar<\/strong>.\u00a0 ASML Holding N.V. (NASDAQ:ASML) is one of the stocks on Jim Cramer’s radar.<\/p>\n ASML Holding N.V. (NASDAQ:ASML) is the world\u2019s leading manufacturer of high-end chip fabrication machines. Its machines are typically used in the lithography phase of semiconductor fabrication. Lithography is among the earliest phases of making a chip, and it involves transferring complex circuit designs onto the wafer. ASML Holding N.V. (NASDAQ:ASML)\u2019s shares are up by 92% over the past year and by 22% year-to-date. Barclays recently discussed the firm\u2019s stock. It raised the share price target to \u20ac1,500 from \u20ac1,200 and bumped the rating to Overweight from Neutral. At the core of Barclays\u2019 upgrade was lithography machine requirements stemming from the buildout of gigawatt-scale AI data centers. Some AI trends that the bank outlined that could generate tailwinds for ASML Holding N.V. (NASDAQ:ASML) include humanoid robots and consumer AI adoption. The firm\u2019s machines, due to their importance in the chip manufacturing process, have also been sanctioned from being sold to China. Cramer discussed this aspect:<\/p>\n \u201cASML is, people I hate it when people keep saying that they don\u2019t make anything in Europe. ASML is the best there is, they have a monopoly on that. That\u2019s the one company that China really fears. China really wants their product, and they\u2019re just saying, we can\u2019t. . .\u201d<\/p>\n<\/blockquote>\n While we acknowledge the potential of ASML as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock<\/strong>.<\/p>\n READ NEXT: <\/b>30 Stocks That Should Double in 3 Years<\/b> and <\/b>11 Hidden AI Stocks to Buy Right Now<\/b>.<\/p>\n<\/div>\n<\/div>
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