ASML (ASML), the artificial intelligence (AI) infrastructure company known for its monopoly in extreme ultraviolet lithography (EUV) systems, just reported another set of upbeat numbers for its latest quarter. Not only did ASML report a beat on both revenue and earnings, but it also raised its revenue and gross margin guidance as the unprecedented demand for memory becomes a new point of growth for the company.
Right now, the cause of all the excitement around ASML stock is due to its print for the second quarter of fiscal 2026. Could ASML be a wise investment option for the long term at current levels? Let's take a closer look.