ASML Earnings: Long-Term Prospects Vastly Improved
Morningstar has raised its fair value estimate for ASML to EUR 1,800 from EUR 1,200 per share, based on updated long-term forecasts. ASML plans to expand Low-NA EUV and DUV immersion capacity by 30% in 2027 and potentially another 30% in 2028, largely due …