ASML Holding N.V. (ASML) Benefits From Demand for Advanced Semiconductor Manufacturing

What happened: Polen Focus Growth Strategy initiated a new position in ASML Holding N.V. (NASDAQ:ASML) during Q3 2026, citing its EUV lithography position and recurring service revenue. Key numbers: Portfolio returned 4.46% net in Q3 2026 versus 0.92% for the Russell 1000 Growth Index. Year-to-date net return was negative 8.11% versus a 6.30% benchmark gain. Why it matters: Polen views ASML as one of the most competitively advantaged businesses in the semiconductor supply chain, though it noted China exposure and domestic DUV development concerns have driven share price volatility. Market: +1.3% today ($1,573.80), +35.7% YTD, 0.3x vol — as of 15:47 UTC

Polen Focus Growth Strategy initiated a new position in ASML Holding N.V. (NASDAQ:ASML) during Q3 2026, citing its EUV lithography position and recurring service revenue.

Polen views ASML as one of the most competitively advantaged businesses in the semiconductor supply chain, though it noted China exposure and domestic DUV development concerns have driven share price volatility. Market: +1.3% today ($1,573.80), +35.7% YTD, 0.3x vol — as of 15:47 UTC