With extreme ultraviolet (EUV) demand starting to come into the artificial intelligence (AI) deal cycle, investors can stop worrying about whether this will be a short-term spike in the tech trade. Shares of ASML Holding (NASDAQ: ASML) are rallying just over 2% following its latest quarterly earnings report, signaling growing confidence in the technology sector’s long-term upside.
As companies like NVIDIA Corp. (NASDAQ: NVDA) expand their chip and semiconductor distribution routes, partnering with players like OpenAI and Advanced Micro Devices Inc. (NASDAQ: AMD), investor focus remains squarely on AI-powered end products. However, these advances rely heavily on the lithography equipment that enables next-gen chip production—ASML’s specialty.
