ASML Watch posted an update
Bernstein analyst Stacy Rasgon has kept a Buy rating on ASML and raised his price target to $2,859, according to 24/7 Wall St.
Why it mattersThe case rests on ASML’s near-monopoly in EUV and High-NA EUV lithography, the specialised machinery behind many advanced AI chips, plus continued spending on leading-edge capacity. That is an analyst forecast, not a promise: export controls and any cooling in AI infrastructure investment remain the obvious pressure points.
Discuss: Does ASML’s unique position in AI-chip manufacturing justify the bullish outlook, or are export controls and cycle risk being underplayed?
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