Nvidia and AMD Can't Make AI Chips Without This Growth Stock. Here's Why It Could Soar.

Key Points It would have been difficult for Nvidia and AMD to manufacture AI accelerators without ASML's advanced chipmaking equipment. The heavy investments in AI data center infrastructure and the booming demand for memory chips will be a tailwind for ASML. ASML's improving long-term growth prospects suggest the stock is poised to jump higher following a solid performance so far in 2026. 10 stocks we like better than ASML › Nvidia and Advanced Micro Devices are among the leading designers of artificial intelligence (AI) chips, with both companies boasting an impressive customer base that includes major hyperscalers, AI companies, and governments.