BofA Remains Bullish on ASML Holding (ASML) – Here’s Why - Yahoo Finance

Bank of America remains bullish on ASML Holding (ASML), raising its price target to EUR 1,921 from EUR 1,710, citing strong performance in extreme ultraviolet (EUV) lithography technology and expectat... Read original →

ASML’s push beyond 90 EUV units annually will unblock the 3nm-and-below race for TSMC, Samsung, and Intel, but simultaneously accelerate High-NA EUV commercialization under intense pressure. While foundries in Taiwan, China and Hong Kong, China gain short-term leverage, prolonged U.S. export controls compel ASML to shift its mainland China model toward hybrid 'hardware + remote diagnostics,' likely inflating compliance costs by 15–20%. Nikon and Canon remain marginal in lithography, yet Tokyo Electron is mounting asymmetric competition via integrated track-EUV solutions. Over the next 18 months, AI chip demand will mask weakness in mature nodes; however, by 2027, a maturing domestic DUV ecosystem in China could trigger a structural revenue shift for ASML—premium segments retained, mid-tier eroded.