Antonella Frongillo

Equity research analyst at Intesa Sanpaolo, where she covers companies including ASML. She has discussed the semiconductor-equipment maker’s demand outlook, production capacity, valuation, and China exposure in interview appearances.

ASML’s Capacity Is Strained as Chipmakers Plan Through 2030

ASML’s capacity, rather than a lack of demand, is the constraint as chipmakers plan investments years ahead. Intesa Sanpaolo analyst Antonella Frongillo says equipment makers are discussing demand into 2029 and 2030, though those discussions are not confirmed orders; she sees further upside for ASML despite uncertainty over China sales and the potential impact of the MATCH Act.

Bloomberg TechnologyOct 14, 20263 min read