For investors interested in a pick-and-shovel play for artificial intelligence<\/a> (AI) infrastructure, ASML supplies the machines and tools needed for chip production. It calls itself the “world’s supplier to the semiconductor industry.” <\/p>\n Those same investors interested in ASML may also be waiting for a stock split. That’s because the higher a stock price climbs, the more retail investors who may want to own it feel priced out. Shareholders may also want to see a split to ensure shares keep being bought. <\/p>\n If ASML were to split its stock, there’s no way to know how it would be structured. As an example, if ASML did a 10-for-1 stock split with shares trading at $1,800, the price would be $180 per share after the split. If it did a 20-for-1 stock split, the price would be $90 per share. <\/p>\n With how ASML is performing in 2026, however, the management team may not feel the need to split the stock anytime soon. <\/p>\n Why a stock split is never a given <\/p>\n When a stock price keeps climbing, it’s a sign of strength in a company’s investor demand. Even though ASML started the year at roughly $1,113 a share, it has continued to be bought and is trading around $1,761. If it’s still being bought and the stock price keeps climbing, there isn’t an immediate incentive for the management team to change anything. <\/p>\n Not conducting a split can be beneficial to long-term shareholders, as the announcement of a split can create extra volatility around the stock. The announcement may send the stock higher in the short term, but it could cause a sell-off once the split happens. Some people would be looking to profit from the split news and then sell their shares when the split is completed. <\/p>\n What to focus on instead of a stock split <\/p>\n For anyone considering investing in ASML, understanding the upside and risks of the investment will be more beneficial than speculating about whether a stock split will happen in 2026. <\/p>\n Currently, the growing demand for ASML’s advanced machinery<\/a> is helping to keep the stock price moving higher. SK Hynix, a memory and storage operator in South Korea, announced it would buy $8 billion worth of ASML’s EUV lithography equipment in March. Samsung Electronics also placed a similar-sized order in March, originally valued at $7.4 billion. Then, in its 2026 first-quarter earnings report, ASML boosted its full-year sales guidance for 2026 from a range between 34 billion euros ($38 billion) and 39 billion euros ($44 billion), to a range between 36 billion euros ($40 billion) and 40 billion euros ($45 billion). <\/p>\n Looking at the risks shows that a slowdown in AI spending would be a big hit to ASML, and shares already look pricey by traditional metrics. Its forward price-to-earnings ratio of 54.6 suggests that it doesn’t have much room for missteps or underwhelming results in the upcoming quarters. <\/p>\n Should you buy stock in ASML right now? <\/p>\n Before you buy stock in ASML, consider this: <\/p>\n The Motley Fool Stock Advisor analyst team just identified what they believe are the\u00a010 best stocks<\/a> for investors to buy now\u2026 and ASML wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. <\/p>\n Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation,\u00a0you’d have $418,761!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,195,804!* <\/p>\n Now, it’s worth noting\u00a0Stock Advisor’s total average return is 918% \u2014 a market-crushing outperformance compared to 208% for the S&P 500.\u00a0Don’t miss the latest top 10 list, available with\u00a0Stock Advisor, and join an investing community built by individual investors for individual investors. <\/p>\n See the 10 stocks \u00bb<\/a> <\/p>\n *Stock Advisor returns as of July 4, 2026. <\/p>\n Jack Delaney<\/a> has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends ASML. The Motley Fool has a disclosure policy<\/a>. <\/p>\n<\/a> Image source: The Motley Fool. The investor psychology behind a stock split <\/p>\n