1018 GMT - ASML's second-quarter earnings print gives investors many reasons to be bullish on the stock, Bank of America analysts write. Investors are focused on concerns about how quickly ASML can ramp up production of its lithography machines, the analysts say. Still, the Dutch company's management is confident for its production estimates beyond 2027, the analysts say. Company guidance for memory revenue growth of 75% is well ahead of U.S. peers, suggesting ASML will capture the lion's share of spending by memory makers going forward. Moreover, ASML's expanded gross margins won't be transitory, they say. The analysts raise their EPS estimates for 2026 through 2028 by 23%-25%. Shares in the chip-machine supplier rise 1%. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

July 16, 2026 06:18 ET (10:18 GMT)

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