ASML: EUV Is Indispensable, But Growth Fears Still Linger

EUV is indispensable to produce semiconductor chips that is smaller than 5nm, as it is more cost-efficient and higher yield. Recent earnings call signaled potentially a no growth 2026 due to macroeconomic headwinds, which are getting clarified. More and more new fabs are getting constructed in the world by major semiconductor manufacturers such as TSMC, which will require EUV machines.