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- 1Applied Materials vs. ASML: Which Tech Stock Wins in 2026?●Applied Materials vs. ASML: Which Technology Stock Is a Better Buy in 2026?
Investors are weighing Applied Materials against ASML as a technology stock pick for 2026. Both companies dominate semiconductor equipment: Applied Materials supplies deposition and etch tools, while ASML holds a monopoly on extreme ultraviolet lithography machines essential for advanced chips. The comparison comes as chipmakers ramp spending on AI-driven capacity, leaving analysts divided over which equipment maker offers the better outlook for next year.