Is ASML Stock a Buy?

ASML (NASDAQ: ASML) is known as a leader in the semiconductor industry. The company is the only maker of extreme ultraviolet (EUV) lithography machines are critical to the chipmaking process.

However, that competitive advantage hasn't helped the stock much this year. While peers like Taiwan Semiconductor Manufacturing have soared this year, ASML has gotten left behind in the artificial intelligence (AI) boom. Year to date through Dec. 16, the stock is down 5%, badly underperforming the S 500 and the broader chip sector.

The chart below shows the comparison.

Source Fool.com