ASML: Best Idea 3Q26 – WFE upcycle, rising litho intensity, and pricing upside

Research evidence excerpt

ASML: Best Idea 3Q26 – WFE upcycle, rising litho intensity, and pricing upside

herein are purely factual, based upon publicly available information, and included for

comparative purposes only. They do not constitute an opinion or recommendation with respect to the securities of Societe

Generale.

This publication was prepared and issued by the entity referred to herein for distribution to eligible counterparties or professional

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take into account the particular investment objectives, financial situations, or needs of individual investors. The report has not been

reviewed by any of the aforementioned regulators and does not represent any official recommendation from the aforementioned

regulators. The investments referred to herein may not be suitable for you. Investors must make their own investment decisions in

consultation with advice sought from a financial adviser regarding the suitability of the investment product, taking into account the

specific investment objectives, financial situation or particular needs of any recipient of the recommendation, before the recipient

makes a commitment to purchase the investment product.

The analysis contained herein is based on numerous assumptions. Different assumptions could result in materially different

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