Nvidia (NVDA) enjoys most of the attention in the hot technology stock these days. Investors have two more to watch.
ASML Holding (AMSL) gained 9.52% on reports that it will ship new EUV (Extreme Ultraviolet lithography) machines to Taiwan Semiconductor (TSM) and Samsung (SSNLF). The hardware sale indicates that the three top chip makers – TSM, SSNLF, and NVDA – have strong demand ahead.
In the cybersecurity sector, Crowdstrike (CRWD) has room to climb despite adding nearly 12% yesterday. The firm posted strong Q1/2025 financial results. Software firms face a challenge in earnings as customers buy AI tools instead. Fortunately, CrowdStrike’s comprehensive platform, Falcon, offers maximum protection for customers.
Markets expect CRWD stock to rise as customer growth continues. The expansion of its platform is a positive driver of CrowdStrike’s business. Furthermore, customers enjoy the company’s effective licensing model. For example, customers may sign up for Flex pricing to specify the number of agents or endpoints they would deploy. That helps them save money.
Fortrea Holdings (FTRE) added 9.9% on Wednesday. Despite the firm facing low near-term earnings visibility, momentum investors are betting the stock is oversold. FTRE peaked at $40 and closed yesterday at $27.35.