Market Overreacts To ASML Q2 Earnings, Calm Heads Won't

ASML Holding N.V. delivered strong Q2 results, they beat revenue and margin expectations, with net bookings rebounding sharply and full-year 2025 guidance confirmed at midpoint. The stock dropped due to management's refusal to confirm 2026 growth, but I see this as an overreaction and a buying opportunity at a 6% discount. The demand for advanced chips remains robust, and ASML is well positioned to benefit from long-term semiconductor industry growth despite tariff headwinds.