Semiconductor stocks play a crucial role in the AI and data center boom. ASML emerges as a top pick in European semiconductors, with Morgan Stanley raising its price target amid strong demand across memory and logic. ASML, the world’s largest chipmaking equipment supplier, is having a stellar year, with its stock price up 55% YTD. Despite a strong Q3 performance, ASML’s management warns of softening Chinese demand in 2026. The company is also making strategic investments in AI and launching innovative lithography tools to stay ahead in the semiconductor market. Analysts are bullish on ASML, highlighting its growth potential in leading-edge chips.

Read more at Barchart: Morgan Stanley Just Named This Stock a Top Semiconductor Pick. Should You Buy Shares Now?