The article argues that ASML, which holds a monopoly on the EUV lithography machines needed for advanced chips, is benefiting from booming demand for GPUs, CPUs and HBM, and that the company said it cannot make as many machines as customers want in 2027 or 2028. Q3 revenue rose 55% year over year to 11.7 billion euros ($13 billion), with equipment sales up 51% and service revenue up 65%, while China's share of sales fell to 23% from 42%. ASML raised its 2026 revenue guidance to 44–45 billion euros and expects Q4 revenue of 14.2–15.2 billion euros. The piece also notes that Samsung and TSMC plan to adopt High NA EUV machines, priced at around $400 million each, around 2028 and 2030, and that the stock trades at 29 times forward earnings based on 2027 estimates.
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