Principal Financial Group Inc. Purchases 26,050 Shares of ASML Holding N.V. $ASML - MarketBeat

Principal Financial Group Inc. increased its stake in ASML Holding N.V. by 167.2% in Q4, purchasing an additional 26,050 shares, bringing its total holdings to 41,633 shares worth approximately $44.5 ... Read original →

Principal Financial Group’s stake increase in ASML underscores institutional confidence in the enduring value of advanced lithography equipment. Surging AI chip demand is driving foundries to expand cutting-edge capacity, directly boosting orders for ASML’s EUV systems—the only commercially viable solution for sub-7nm nodes. Despite U.S. export control risks targeting China, ASML has offset potential losses through robust demand from non-Chinese customers and is preparing for High-NA EUV ramp-up, which will solidify its technological lead at 3nm and below. Concurrent position increases by Fisher Asset Management, Capital International, and others highlight strong consensus on ASML’s unmatched competitive moat and earnings resilience. While geopolitical headwinds persist, the multi-year upcycle in semiconductor capex—fueled by AI and HPC—positions ASML as a structural beneficiary with sustained revenue visibility and premium valuation support.