ASML Holding N.V. (NASDAQ:ASML) is one of the best blue-chip AI stocks to buy now. On March 26, Bernstein SocGen Group reiterated an Outperform rating on ASML Holding N.V. (NASDAQ:ASML) and raised the price target to $1971 from $1,911.

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The reiteration comes amid expectations that the company is well-positioned to benefit from DRAM capacity build-out, accelerating from 145,000 additional wafers per month last year to 245,000 in 2026. The build-out is expected to increase to 330,000 wafers per month in 2027 and 435,000 wafers in 2028. The increase will come from the top three DRAM makers, adding about 1 million monthly wafer capacities between 2026 and 2028.

Consequently, the research firm expects ASML to ship 44 EUV machines to DRAM in 2028, representing 45% of its total EUV shipments. It would be a significant increase from 18 units shipped in 2025. The research firm has also raised the ASML EUV shipment estimate in 2028 from 79 to 92 units.

ASML Holding N.V. (NASDAQ:ASML) is the world’s leading manufacturer of lithography systems for the semiconductor industry. They design and build complex machines that use light to print tiny circuit patterns onto silicon wafers, enabling chipmakers like TSMC, Intel, and Samsung to mass-produce powerful, energy-efficient microchips for electronics.

While we acknowledge the potential of ASML as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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