ASML will rise amid the ongoing artificial intelligence boom, with several tailwinds propelling the semiconductor equipment stock's growth, according to Morgan Stanley. The investment firm upgraded ASML to overweight from equal weight. "We expect the earnings debate to shift from 2025-26 to 2026-27 forecasts, and we see several possible growth drivers for this timeframe," analyst Lee Simpson said in a note. ASML YTD mountain ASML year to date Simpson pointed to the recent expansion of AI chip foundries as well as an increase in semiconductor chip manufacturing in China as potential growth drivers. Improving spending in memory chips over the second half of 2026 and 2027 will also be a major tailwind for the stock, he added. "Samsung's large Tesla foundry order, NVDIA's $5bn investment in In

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