Rothschild Redburn Stays Bullish on ASML on Strong Order Intake

Group 1 - ASML Holding N.V. has been identified as a significant AI stock, with a price target raised to EUR 1,250.00 from EUR 1,200.00 while maintaining a Buy rating [1] - The Q4 2025 order intake forecast for ASML has been increased to €7,047 million, which is approximately 13% higher than the consensus estimate of €6,249 million [1] - The company is expected to report its order intake on a quarterly basis for the last time in this quarter [1] Group 2 - TSMC's Technology Symposium in April 2026 is anticipated to be a key catalyst for ASML's high NA EUV investment thesis, with expectations of an updated roadmap that could accelerate implementation from 2030 to 2028 [2] - The firm previously indicated that strong semiconductor sales would not immediately lead to increased capital equipment demand, but now believes that improved utilization will lead to positive demand momentum through 2028 [3] - ASML specializes in developing and selling advanced semiconductor equipment, including lithography, metrology, and inspection systems for chip manufacturing [3]