ASML, the colossus in the lithography machine sector, is poised to unveil its financial results for the second quarter of 2026 on July 15. Plagued by market anxieties regarding the longevity of AI capital expenditures, ASML's shares listed in the U.S. have seen a cumulative drop of over 11% since July. In its earnings forecast, JPMorgan emphasized that for ASML's stock price to make a significant leap, the company must convey optimistic signals about capacity expansion and robust demand stretching into 2027 and beyond. The bank anticipates ASML's growth in 2027 to substantially surpass the overall expansion of the global wafer fab equipment market. Nevertheless, in 2026, the delayed commencement of customer orders will restrict supply chain capacity, thereby impacting the delivery volume of EUV equipment. JPMorgan continues to hold an "Overweight" stance on ASML, with a target price of $2,200, signifying an approximate 24% upside potential from Wednesday's closing price.