ASML: EUV Order Surge Rewrites the Multi-Year Runway - A Long Trade Into 2026-2028
ASML's unique position in EUV lithography is seeing real order acceleration: a ~€39B backlog and net bookings up 48% in 2025. With a €12B buyback, a market cap of $545B and improving demand signals across AI infrastructure, the risk/reward into 2026-2028 looks favorable for a disciplined long. Entry, stop and target are provided with a 180-trading-…