Why Bernstein Sees Structural Upside for ASML Through 2029

ASML Holding N.V. (NASDAQ:ASML) is one of the Buzzing AI Stocks Analysts are Watching. On January 16, Bernstein SocGen Group analyst David Dai reiterated an Outperform rating on the stock with a $1,528.00 price target. The firm is strongly positive on ASML as it sees structural demand upside for the stock into 2026–2029. On January 15, TSMC “smashed” market expectations when it announced a capital expenditure guidance of $52-56 billion for 2026, a 32% year-over-year increase from its 2025 capex of $40.8 b ...