Truly Unique AI Powerhouse Etches Buy Zone. Now Comes This Test.
ASML’s dominant role supplying EUV lithography for AI chips has driven strong fundamental and technical momentum, lifting demand across the semiconductor supply chain (including firms like TSM, Intel, Nvidia, Alphabet and Apple). ASML reported a 2025 rebound—sales up 21% to $39B and earnings up 47% to $29.54—and Q1 sales rose 17% to $8.8B with EPS $6.83. Heavy institutional buying (about $21.57B in March) and bullish analyst forecasts support a longer-term uptrend, but ASML recently pulled back below a fresh buy zone after briefly clearing a 1,531.98 cup-with-handle entry, testing support at its 21-day EMA. Market impact: strength in ASML bolsters AI-capex beneficiaries (positive for chipmakers and AI-equipment suppliers), but the technical retest warns investors to watch buy-range rules and relative-strength signals before adding exposure.