From The Motley Fool · Harsh Chauhan · · 50s
ASML Boosts AI Chip Stocks
ASML's AI chip demand outlook lifts Nvidia and Micron stocks.
In brief
ASML's AI chip demand outlook lifts Nvidia and Micron stocks. ASML's forecast of AI hardware demand outpacing supply through 2028 boosts Nvidia and Micron stock prices. Originally reported by The Motley Fool.
ASML's AI Chip Demand Outlook
ASML reported AI hardware demand will outpace supply through 2028.
“our leading edge high volume customers are sharing very good visibility, as a result of the increasing number of long term commitments they are securing with their customers”
ASML's Q3 2026 Results
ASML sold 113 new lithography systems, up from 66 units in Q3 2025.
Nvidia's Growth Projections
Nvidia expects 70% revenue increase in fiscal 2028 amid supply constraints.
Micron's Strong Performance
Micron revenue grew 256% year over year to $133.19 billion.
Stock Price Drops
Nvidia stock down 9% and Micron down 13% since Oct. 6.
Investor Opportunity
Buy Nvidia and Micron at current prices for strong growth potential.
The one thing
ASML's forecast of AI hardware demand outpacing supply through 2028 boosts Nvidia and Micron stock prices.
