ASML Holding (ASML) is a long-term beneficiary of booming demand for high-bandwidth memory (HBM) and DRAM. The artificial intelligence sector fuels this demand. An analysis highlights memory-related business as a major growth catalyst for ASML. ASML holds a monopolistic position in advanced EUV lithography machines, essential for cutting-edge chip manufacturing.
ASML management noted memory accounted for 49% of system sales in the second quarter. The company forecasts a 75% increase in memory-related system sales for 2026. Manufacturers are increasing capacity to meet an acute shortage of memory chips. These chips are required for AI data centers. This sustained demand is a key growth driver for ASML through the end of the decade.