ASML Holding (ASML) Is The “New OPEC” Of Chips, Says Newsletter

ASML Holding N.V. (NASDAQ:ASML) is one of the Top 13 Stocks That Will Skyrocket.

Yet another stock on this list that’s part of the “1776 moment” newsletter by Porter Stansberry and Luke Lango. This newsletter outlines that the reason the 1776 revolution led to economic prosperity was because it features the intersection of politics, economics and technology. It uses this claim to share that the AI revolution is also being driven in a similar way through the teaming up of three partners. These are the “New OPEC,” a major chip manufacturer, and a chip design blueprint provider.

ASML Holding (ASML) Is The "New OPEC" Of Chips, Says Newsletter

Among these, the ‘OPEC’ is ASML Holding N.V. (NASDAQ:ASML), according to Gumshoe. ASML is the world’s primary manufacturer of extreme ultraviolet (EUV) lithography machines. These machines are indispensable when it comes to high-end chip manufacturing. The shares are up by 116% over the past year and by 51% year-to-date. Bank of America discussed ASML Holding N.V. (NASDAQ:ASML) on June 22nd as it raised the share price target to $2,345 from $2,268 and kept a Buy rating. BofA remarked that it now expects the company’s show grow its EPS for 2027 and 2028 faster than previously expected.

While we acknowledge the risk and potential of ASML as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ASML and that has 10,000% upside potential, check out our report about the cheapest AI stock.

READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy.

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1