Elon Musk Needs ASML for Terafab. You Don't Need ASML Stock in Your Portfolio.

ASML remains pivotal in the global semiconductor supply chain as the sole supplier of EUV lithography machines, enabling the production of the most advanced chips used in AI, HPC, and data centers. The spotlight on Terafab comes as Elon Musk joined an ASML internal event—via video—for a fireside chat with ASML's Christophe Fouquet, highlighting Musk's plan to bring advanced chipmaking deeper into his ecosystem for Tesla, SpaceX, and related projects. Investors wonder if ASML stock remains a buy after a strong YTD rally, given continued AI-driven demand. ASML counts TSMC, Intel, and Samsung among its customers, and its EUV edge is unique.