ASML Stock Surge Tied to AI Boom and Chip Demand
Morgan Stanley has identified ASML Holding NV as a top pick, with potential for a 70% surge driven by relentless AI investment. The Dutch semiconductor equipment maker's shares have already gained 25% year-to-date in 2026, buoyed by TSMC's unwavering commitment to AI-related capex.
Analysts project ASML could reach €2,000 per share in a bull scenario, with a base target of €1,400. The company recently joined Europe's elite $500 billion valuation club as its cutting-edge lithography machines remain indispensable for AI chip production.
TSMC's optimistic forecast and a new US-Taiwan trade deal have further strengthened the outlook. Morgan Stanley anticipates ASML's EPS will nearly double to €46 by 2027, powered by foundry expansions and memory chip demand.