Why ASML’s (ASML) Capacity Is Fully Booked Through 2027

What happened: Suncoast Equity Management's Q3 2026 investor letter said it doubled its ASML (NASDAQ:ASML) weight to 3.0% after the stock fell in a July AI infrastructure sell-off. Key numbers: ASML closed at $1,804.96 on October 07, 2026. One month return 7.23%, 52 week return 84.53%. Market cap $688.51 billion. Why it matters: The letter cites management's raised 2026 revenue outlook, accelerating Q3 sales and margins, and capacity fully booked through 2027. SEM points to pricing power and ASML's position as sole supplier of the most advanced lithography systems. Market: +0.6% by next close ($1,780.34 on Oct 9), +42.3% YTD

Suncoast Equity Management's Q3 2026 investor letter said it doubled its ASML (NASDAQ:ASML) weight to 3.0% after the stock fell in a July AI infrastructure sell-off.

The letter cites management's raised 2026 revenue outlook, accelerating Q3 sales and margins, and capacity fully booked through 2027. SEM points to pricing power and ASML's position as sole supplier of the most advanced lithography systems. Market: +0.6% by next close ($1,780.34 on Oct 9), +42.3% YTD