AI capex is still flowing upstream, and $ASML is showing the clearest strength 🔥

The latest Korea import data points to a rebound in semiconductor equipment spending, with lithography and testing gear leading the move. That usually matters because it reflects real capex intensity from Samsung and SK hynix, not just sentiment.

Bernstein sees the AI-driven storage cycle continuing to support the equipment chain. The strongest read-through is still in lithography, testing, and advanced DRAM expansion, while not every vendor is seeing the same momentum.

Not financial advice. Manage your risk.

#ASML #Semiconductor #AI #Capex #LongSetup

✅