Key Points ASML's extreme ultraviolet lithography machines are essential for making the most sophisticated AI chips. These machines make up an increasingly large amount of ASML's sales, which should gradually expand margins. ASML is a top growth stock to buy and hold for years to come. 10 stocks we like better than ASML › After a brutal sell-off in April, ASML (NASDAQ: ASML) has fully recovered and is now up a staggering 45.7% year to date, compared to 13.4% for the S&P 500 (SNPINDEX: ^GSPC). Le ...