Why ASML Stock Dropped Today

ASML stock fell 4.6% despite receiving price target hikes from Morgan Stanley and Bernstein SocGen analysts who cited strong AI-driven semiconductor demand. The sell-off was driven by investor concerns over Samsung's plans to build more factories, which could lead to memory chip overproduction. However, the article argues this is a mistake, as increased factory production should benefit ASML by driving demand for its semiconductor manufacturing equipment.