Is ASML Holdings a Buy?

Group 1 - The demand for AI infrastructure is driving stock prices higher, with ASML Holdings experiencing a 57% increase in shares over the past year, significantly outperforming the S&P 500's 17% gain [1] - ASML holds a 90% market share in lithography machines, manufacturing advanced semiconductor production equipment that is in high demand due to increased AI spending [4][5] - Research indicates ASML's technology is a decade ahead of competitors, supported by annual R&D investments of approximately 5 billion euros (about $5.9 billion), ensuring the company's competitive advantage [6] Group 2 - The surge in AI spending is expected to fuel demand for ASML's machines for years, as major tech companies increase their investments in AI processors [7] - Nvidia's management anticipates that spending on AI infrastructure, including semiconductor machinery, could rise to $4 trillion over the next five years, positioning ASML to benefit significantly from this growth [8] - ASML's dominance in the advanced AI processor machine market and its recurring revenue opportunities from equipment services could provide sustained financial benefits for decades [9]