By Harsh Chauhan, The Motley Fool
Publication Date: 2026-10-21 18:52:00
ASML Holding (NASDAQ:ASML) is one of the most important companies in the semiconductor ecosystem. The company enjoys a monopoly in the market for extreme ultraviolet (EUV) lithography machines, which are used for printing advanced chips deployed in artificial intelligence (AI) data centers.
So, when ASML released its results for the third quarter of 2026 on Oct. 14, it became clear that the AI infrastructure boom is far from over. The Dutch semiconductor giant reported impressive growth in revenue and earnings and noted that it is struggling to meet strong customer demand.
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We will take a closer look at ASML’s results in this article and explain why they bode well for two other semiconductor stocks — Nvidia (NASDAQ:NVDA) and Micron Technology (NASDAQ:MU).
Image source: Getty Images.
ASML sees AI hardware demand outpacing supply for the next two years, at least
ASML sold 113 new lithography systems in the previous quarter, a massive increase over the year-ago period’s sales of 66 units. Management’s comments on the latest earnings call indicate that demand for its advanced chipmaking equipment will strengthen.
CEO Christophe Fouquet…