My reaction to ASML’s results:
The more I look at this company, the more I think $ASML (-6,8%) is becoming one of the key references of the AI cycle.
Not because it sells GPUs.
Not because it trains models.
But because without its machines, the most advanced chips simply don’t exist.
Strong revenue, huge margins, solid guidance… and demand still looks very healthy.
For me, ASML is one of the clearest “picks and shovels” plays behind AI.
Unfortunately, I’m not a shareholder yet.
