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ASML's EUV Monopoly Fuels Bullish Calls as Deutsche Bank Lifts Target to €1,000

Deutsche Bank's higher target reflects confidence in ASML's post‑Q3 momentum.

Overview

  • A Yahoo Finance analysis argues ASML is a more attractive semiconductor buy right now than Nvidia, citing the company's unique role in advanced chipmaking.
  • ASML is identified as the sole maker of extreme ultraviolet lithography systems, which use 13.5‑nanometer light to print the most complex layers on cutting‑edge chips.
  • The company states EUV simplifies manufacturing compared with multi‑patterning on deep ultraviolet tools, reinforcing its competitive moat.
  • Deutsche Bank raised its ASML price target to €1,000 after Q3 bookings reached €5.4 billion, topping a €4.9 billion consensus and reflecting EUV demand for DRAM.
  • The bank reports ASML no longer expects a 2026 sales decline and now models 54 low‑NA EUV units for 2026 versus 46 in 2025, while recent commentary also highlights strong free‑cash‑flow gains at both Nvidia and ASML.