ASML’s stock surges 6.7% as analysts bet big on chipmaking dominance
ASML, the world’s sole maker of advanced chipmaking machines, has seen its stock climb after strong analyst support. Shares jumped 6.7% to $1,273.88 following a wave of upgrades. The company remains central to the semiconductor industry as demand for cutting-edge chips grows.
The company reported mixed third-quarter results, beating earnings expectations at $6.41 per share but falling short on revenue. Despite this, analysts raised their consensus rating to Moderate Buy with an average price target of $1,270.67. Investors also welcomed a dividend increase to $1.857 per share, bringing the annual yield to 0.6%.
ASML’s High-NA EUV lithography systems, priced at $380 million each, are a key growth driver. These machines can produce chip features nearly twice as small as current EUV tools. Intel has already installed the first improved Twinscan EXE:5200B system, aiming to use it for commercial production of its 18A technology node by 2026. Demand for ASML’s equipment has surged, partly due to the AI boom and the need for high-bandwidth memory. Chinese customers accounted for over 40% of sales in 2024–2025 as firms stockpiled ahead of tighter export controls. With no competitors in High-NA EUV technology, the company holds a unique position in the market.
ASML’s stock rise reflects confidence in its long-term role in semiconductor manufacturing. The adoption of High-NA EUV systems by major players like Intel and Samsung is set to shape future growth. Meanwhile, the company’s dividend hike and strong order book signal stability amid shifting industry demands.
