ASML Holding (ASML) Secures $8 Billion EUV Equipment Order

2 weeks ago 6

Muhammad Ali Khalid

Tue, April 7, 2026 astatine 4:01 AM CDT 2 min read

ASML Holding N.V. (NASDAQ:ASML) is 1 of the 10 champion AI spot stocks to bargain according to hedge funds.

On March 25, SK Hynix Inc. announced its plans to walk astir $8 cardinal for the acquisition of Extreme Ultraviolet (EUV) lithography spot accumulation instrumentality from ASML Holding N.V. (NASDAQ:ASML) by the extremity of 2027. According to Reuters data, ASML's bid backlog stood astatine €38.8 cardinal astatine the extremity of 2025.

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This determination by SK Hynix is aimed astatine competing with Samsung Electronics Co., Ltd. (OTC:SSNLF) to proviso DRAM and HBM representation chips, according to Bloomberg’s reporters Yoolim Lee and Sarah Jacob. The acquisition statement betwixt the 2 companies remains valid until 2027.

On March 5, Didier Scemama from Bank of America Securities accrued the terms people connected ASML Holding N.V. (NASDAQ:ASML) from 1,868 to $1,886. The expert reaffirmed a Buy standing connected the banal that present offers an adjusted upside imaginable of much than 43% pursuing the upward revision.

According to Scemama, the institution accrued its estimates owed to constrained Foundry and DRAM supply. Consequently, the steadfast marginally accrued its net per stock estimates by a scope of 4% to 6% for the calendar years 2026 to 2028.

ASML Holding N.V. (NASDAQ:ASML) offers precocious lithography solutions to the semiconductor manufacturing industry. The institution provides the heavy and utmost UV systems needed for signifier integrated circuits. Additionally, it uses electron beam equipment, optical metrology systems, and machine bundle for thorough spot defect investigation.

While we admit the imaginable of ASML arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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