Morgan Stanley: AI computing power demand drives ASML (ASML.US) equipment boom, existing equipment business becomes the second growth curve

According to Golden Ten Data, on October 14 local time, Morgan Stanley released its latest research report on ASML (ASML.US), maintaining an "Overweight" rating on the stock with a target price of 1,700 euros. As of October 13, ASML closed at 1,509.60 euros, leaving room to reach the target price. The strong demand for equipment driven by AI computing power chips has become the core engine driving the company's performance and the robustness of its order book.