ASML ( ASML ) SAYS IT CANNOT MEET DEMAND UNTIL 2028 . IS THE STOCK PRICED FOR THAT ?

What happened: ASML (ASML) said alongside its third-quarter results that it does not expect to build enough machines to meet customer demand in 2027 or 2028, and it is looking at ways to lift capacity beyond a previously promised 30% increase. Key Why it matters: ASML stopped reporting quarterly orders this year, removing the figure investors used to judge momentum, and the article says demand that far out is a statement of intent rather than a contract. It calls the price full rather than stretched and says the thing to watch is whether customers hold to plans for the end of the decade.

ASML (ASML) said alongside its third-quarter results that it does not expect to build enough machines to meet customer demand in 2027 or 2028, and it is looking at ways to lift capacity beyond a previously promised 30% increase. Key

ASML stopped reporting quarterly orders this year, removing the figure investors used to judge momentum, and the article says demand that far out is a statement of intent rather than a contract. It calls the price full rather than stretched and says the thing to watch is whether customers hold to plans for the end of the decade.