ASML Holding N.V. New York Registry Shares (ASML) — the peer cohort

Long reads

• The Agentic Winners 25Dossier · $49 · 31 Mar 2026ASML makes extreme ultraviolet lithography machines.
• Where to Invest in the AI Chip Constraint ChainDossier · $29 · 3 Mar 2026ASML's High-NA EUV (€350M/unit) enters volume deployment.
• Who Owns the AI Chip Buildout?Dossier · $39 · 12 Feb 2026EUV embargo / yield ceilings / talent drain / overcapacity glut 🇪🇺 Europe Equipment gatekeeper (ASML 100% EUV).
• Two and a half months of lower highs, then a second low that held above the first — and on Friday the oscillator turned.Chart Pick · 4 Sept 2026The Philadelphia Semiconductor Index rose more than 3%; Nvidia is breaking out to new all-time highs; Applied Materials rose 5%, Marvell, Micron, ASML and Arm about 4%, AMD and Intel 3%, Astera Labs 11%.
• TSMC — The Toll at the Only BridgeReport · 13 Aug 2026Sources TSMC, Q2 2026 earnings release and guidance, 16 July 2026 — investor.tsmc.com TSMC Q2 2026 earnings call transcript and coverage — 16 July 2026; CNBC on the Arizona commitment TSMC 2026 Technology Symposium disclosures…
• Situational Awareness — Crushed While CorrectReport · 2 Aug 2026The fund evidently distinguished between first-wave names it considered finished (Nvidia, ASML, Broadcom, AMD, Oracle, the SMH complex — puts without meaningful offsetting calls) and constraint-chain names caught in first-wave wrappers…
• Chip Testing — The Verification TaxReport · 29 Jul 2026TSMC and Nvidia are the next parts of this series, and the genuinely contested cases — ASML, HBM as distinct from commodity DRAM, the power chain — are where the rubric will earn its keep.
• Sector Rotation — Three Rotations, One WeekWeekly Signal · 19 Jul 2026The prints came in good to record-setting — ASML's capacity frame, TSMC's record quarter, Netflix's growth — and the tape sold every one of them.

101 and glossary

• AI Barbell Strategy: Long Infrastructure, Short Disrupted Incumbents101ASML's EUV machines are required by every advanced fab.
• AI Infrastructure Outlook 2026: Layers, Risks, and Positioning101ASML's High-NA EUV is ramping but won't impact supply meaningfully until late 2026.
• DXY (US Dollar Index)GlossaryFor AI infrastructure investors, the DXY matters because many supply chain companies are non-US (TSMC in Taiwan, ASML in the Netherlands, Samsung in South Korea) — a strong dollar compresses their valuations when converted to USD terms.
• Economic MoatGlossaryIn AI investing, Closelooknet distinguishes between physics-based moats (ASML's EUV monopoly, TSMC's fabrication lead) and software moats (which agentic AI may erode).
• EUV (Extreme Ultraviolet Lithography)GlossaryASML is the sole supplier of EUV machines.
• LithographyGlossaryThe chip-manufacturing step that uses light to pattern circuits onto silicon; ASML's EUV monopoly defines the leading edge.
• Non-US Tech: The Widest Valuation Gap in a Decade101The standard explanation — US companies deserve premiums for growth and innovation — ignores that many of the most critical AI supply chain companies are non-US: ASML (Netherlands), TSMC (Taiwan), SK Hynix (Korea), BESI (Netherlands)…
• PhotolithographyGlossaryThe leading edge requires extreme ultraviolet (EUV) light, which is the source of ASML's strategic position.

Dailies

• AI Trade — Korea Jumps 4.4%, SoftBank Soars 14% After Wall Street's Best Day Since AprilMorning 10 · 10 Nov 2026Europe — ASML +4.7%, Infineon +6.3% on Monday; Infineon reports today
• Nvidia — Down 5% as Its Suppliers RiseDaily Pulse · 9 Nov 2026The companies that make, assemble and equip its products rose: TSMC 4.7% and Hon Hai 6.5% in Taipei, ASML 2.4% in Amsterdam.
• AI Trade — Kospi Halted, Nikkei Enters a Bear Market After US Chip Stocks Lose 12%Morning 10 · 6 Nov 2026STMicroelectronics fell 9.34% to 37.06 euros, Infineon 8.54% to 45.95, BESI 7.30% to 140.90, ASM International 6.99% to 635.80 and ASML 6.55% to 1,250.00.
• AI Trade — Kospi Falls 5.3%, SK Hynix 9.5% and Advantest 14.7% After Qualcomm; Hong Kong Rises 3.5%Morning 10 · 5 Nov 2026Europe opens at 08:00 UTC after a split Wednesday: the STOXX 600 rose 1.8% and the DAX 2.2%, while Siemens Energy fell 8.0%, Prysmian 6.9%, ASM International 5.1% and ASML 3.4%.
• AI Trade — Kospi Swings 7% on AMD and the Midterms, Closes Green; Nasdaq Futures RecoverMorning 10 · 4 Nov 2026On Tuesday the STOXX 600 fell 0.58% and ASML 1.6%, while the chip-equipment makers BESI and ASM International and the power-grid suppliers ABB, Prysmian and Nexans rose.
• Midterms — Slower Data Centres, Softer TariffsDaily Pulse · 4 Nov 2026In Europe the cable maker Prysmian fell 3.8%, Siemens Energy 2.6% and ASML 1.9% while the Euro Stoxx 50 rose 1.6%.
• Sell-Off — Nasdaq −3%, Chips −8%, Bitcoin −4%, Gold −3%; Only Bonds, Oil and Defensives HoldMidday 10 · 30 Oct 2026The losses are broad: AMD −12.0%, Qualcomm −11.7%, Arm −11.6%, Marvell −11.4%, Applied Materials −8.1%, ASML −7.0%, Lam Research −7.0%, TSMC −6.3%, Broadcom −6.2%, Micron −6.2%, KLA −5.2% and Nvidia −4.9%.
• Big Tech Week — Brazil ETF −15% on Lula's win, Musk calls a neocloud die-off, Kospi −1.5%; verdicts tonightMorning 10 · 26 Oct 2026Watch the European semi open — ASML and ASM International — for which side of the Pacific Europe follows, and whether SOXX can hold Friday's stabilisation at the US open.