Jan. 5 at 10:59 AM
$ASML is one of those rare “must-own” positions in semis—dominant moat, near-monopoly in EUV lithography, and now benefiting from both DRAM supercycle and AI-driven logic demand.
A few points why holding makes sense:
1️⃣ DRAM/AI Capex Cycle – Top three DRAM makers expanding 250 kwpm; AI node migration (3 nm, 1c) intensifies EUV demand.
2️⃣ Pricing Power – Customers are desperate for EUV capacity; ASML can pass on price increases easily.
3️⃣ Valuation Still Justified – Even after +65%, ASML trades below historical PE trough vs. peers.
4️⃣ Execution Track Record – Consistently meets delivery, manages backlog, scales with node complexity.
All signs point to price discovery mode for 2026+. Keeping it as your largest position is exactly what you want when the structural bull case is intact.
Full analysis here! It's free👉 @StockAnalyst_SA
$SYK $KLAC $UNP $QQQ
