ASML, which holds a monopoly on the EUV lithography machines used to make advanced AI chips, reported strong third-quarter 2026 revenue and earnings growth and said it is struggling to meet customer demand. It sold 113 new lithography systems in the quarter, up from 66 a year earlier. Management said demand for AI hardware will outpace supply through at least 2028, and customers are seeking orders for 2029 and 2030. The article argues this supports a favorable pricing backdrop for Nvidia and Micron, even though their shares have fallen 9% and 13% respectively since Oct. 6. Micron's revenue rose 256% to $133.19 billion in fiscal 2026.
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ASMLsemiconductorsartificial intelligenceearningsNVDA
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/20/2026 | 216.48 |
| Change that session | -0.28% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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