ASML: Solid Buying Opportunity Before The Market Realizes It (Upgrade)

ASML Holding N.V. investors have suffered while seeing the semiconductor peers surging to new highs. ASML's withdrawal of 2026 guidance sparked a post-earnings selloff. However, it has remained above the key April lows. Moreover, the ongoing AI infra buildout should help alleviate the skepticism about new equipment sales subsequently, even as the High-NA sales momentum stalled.