ASML (NASDAQ: ASML) has seen a remarkable 87% increase in stock value during the first half of 2026, fueled by a surge in AI capital expenditure and a shortage of memory chips. The company, known as the sole producer of extreme ultraviolet lithography (EUV) machines essential for advanced semiconductor production, began to capitalize on the AI boom after years of slower growth.
Throughout the year, ASML experienced a series of analyst upgrades reflecting improved demand for its EUV machines. The company plans to raise its long-term revenue guidance to between 44 billion and 60 billion euros by 2030, indicating strong future prospects linked to sustained AI industry growth. Despite this, ASML’s stock performance had previously been volatile, reflecting investor caution amid broader market conditions.
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