ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher’s Portfolio

ASML Holding N.V. (NASDAQ:ASML) is one of Billionaire Ken Fisher’s Latest Portfolio: 10 Best Stocks to Buy.

Chip manufacturing equipment provider ASML Holding N.V. (NASDAQ:ASML) is one of the most consequential firms in the world. Its high-end EUV chip manufacturing machines are the only ones that allow firms to make the latest products. Consequently, ASML Holding N.V. (NASDAQ:ASML) benefits from the current AI spending boom as demand rises for NVIDIA and other high-end AI GPUs.

Over the year, the firm’s shares are up by 132% while year-to-date they have gained 48%. The complexity of its machines and its position in the market also allows ASML Holding N.V. (NASDAQ:ASML) to command a premium price for its products, as a standard EUV machine from the firm costs between $180 million and $200 million.

ASML Holding N.V. (NASDAQ:ASML)’s forward P/E ratio of 38.91 is also lower than the semiconductor equipment sector’s 41.58. On Wednesday, as the shares rose by 2.3%, the equivalent market capitalization in US dollars rose to $674 billion and made the firm Europe’s most valuable company.

ASML Holding N.V. (ASML) Is A Top AI Stock In Billionaire Ken Fisher's Portfolio

Image by MayoFi from Pixabay

Brown Advisory Global Leaders Strategy stated the following regarding ASML Holding N.V. (NASDAQ:ASML) in its Q1 2026 investor letter:

“ASML Holding N.V. (NASDAQ:ASML), develops, manufactures and markets EUV & DUV lithography systems, metrology and inspection systems & related software solutions, continued to benefit from the build-out of AI infrastructure, maintaining a strong order backlog and positive indications regarding the adoption of High-NA tools required for the production of leading-edge nodes (2 nm and below), where ASML holds a monopoly position in Extreme Ultraviolet (EUV) lithography machines.”

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. 

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