ASML Could Soar Higher in 12 Months and Here’s Why We’d Buy It - 24/7 Wall St.

ASML, as a leading semiconductor equipment manufacturer, has emerged as a central play in the 2026 AI infrastructure investment cycle. The Dutch company’s dominance in EUV lithography technology has d... Read original →

ASML’s centrality in the 2026 AI infrastructure cycle is triggering a cascading tech-stack upgrade: High-NA EUV not only enables sub-3nm volume production but forces co-evolution in EDA, photoresists, and metrology tools—locking customers into its ecosystem. Export controls suppress China revenue yet inflate global compliance overhead, prompting TSMC and Samsung to pre-book capacity, extending lead times further. With Nikon and Canon unable to breach EUV, Intel and SK Hynix are deepening co-development ties with ASML, reinforcing its monopoly. Even if AI capex peaks soon, ASML’s €45B+ backlog and sole-source High-NA supply through 2030 secure pricing power. The real tail risk? Broader U.S. curbs on mature-node tools could spur non-U.S. foundries to pursue strategic diversification away from ASML.