3 Chip Equipment Stocks Riding ASML Demand In 2026

Record quarterly figures from ASML in Q3, including €11.66b in sales and €5b in net income, have put a fresh spotlight on the companies that help build and supply the chipmaking process. Tight capacity plans into 2027 and 2028 hint at a world where some investors may be underexposed to this supply chain story. This article walks through three stocks from our screener that appear positively exposed to the same powerful set of forces.

The three stocks below are simply a sample from this theme, while the full screen surfaced 55 more companies with equally detailed stories around advanced manufacturing, lithography and chip equipment that are not covered here. To go wider than these examples and start sorting for your own highest conviction ideas, head straight to the Advanced Semiconductor Manufacturing & Supply Chain Beneficiaries screener.

Gudeng Precision Industrial (TPEX:3680)

Gudeng Precision Industrial builds the front opening unified pods and wafer and reticle carriers that sit right next to ASML’s EUV and advanced-node lithography tools. The company generates about NT$7.6b from semiconductor fabrication and NT$1.3b from semiconductor equipment manufacturing, and has a market value near NT$53.1b.

Gudeng Precision Industrial provides direct exposure to the build out of ASML’s EUV tool base, with FOUPs and carriers closely tied to advanced-node fab spending and recent earnings momentum. The opportunity appears linked to how this tight capacity story interacts with one unresolved pressure on future pricing power.

To understand how that pressure could reshape the opportunity for Gudeng Precision Industrial, review the 3 key rewards and 1 important warning sign for the full picture behind recent headlines.

SUSS MicroTec (XTRA:SMHN)

SUSS MicroTec develops equipment that sits close to the lithography and photomask flow that drives this screener, giving investors a direct way to follow advanced fabrication and packaging spend without needing to own a foundry outright.

SUSS MicroTec generates about €329 million from Advanced Backend Solutions and roughly €110 million from Photomask Solutions, with a market value near €1.2 billion.

"Upcoming launches of next-generation tools (for example, MaskTrack Smart for mid-end markets and new UV projection scanners) are expected to expand SUSS MicroTec's addressable market, particularly as demand for AI chips, IoT devices, and advanced packaging solutions accelerates worldwide."

The real test is how one quiet shift in customer ordering patterns eventually feeds through to pricing power and margin resilience.

That ordering shift is exactly what the full narrative for SUSS MicroTec unpacks, showing where accelerating tool demand could outweigh near term volatility for SUSS MicroTec.

Mycronic (OM:MYCR)

Mycronic supplies production gear that links directly into the semiconductor and photomask flow that this screener tracks. The company reports SEK3.3b from Pattern Generators, SEK2.2b from Global Technologies, SEK1.9b from High Volume and SEK1.4b from PCB Assembly Solutions, with a market value around SEK64.6b.

Investors who follow ASML-driven capex trends often consider Mycronic, where mask writers and high value production tools link earnings to how aggressively chip and electronics manufacturers continue building out new capacity.

"Reliance on a concentrated Pattern Generators customer base in photomasks and displays, combined with a quarter of no new system orders and an 84% decline in division order intake to SEK 191 million, points to a risk that even a stable end market could translate into lower system refresh cycles."

The key issue now is how a single shift in long cycle equipment spending may affect Mycronic’s pricing power and margin resilience over time.

That spending shift is exactly what the full narrative for Mycronic breaks down, highlighting how Mycronic could turn lumpy orders into a renewed equipment cycle story.

Seeking Fresh Alternatives Beyond Semiconductors?

New themes can gain momentum quickly. By the time every headline catches up, the cleanest entry points may no longer be available. Review these ideas while it matters and consider them before they become widely followed.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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