ASML Holding (ASML) CEO Christophe Fouquet has a message for anyone worried about the company's future: lithography isn't going anywhere, and neither is the AI chip boom.

Speaking with Bloomberg on Friday, Fouquet explained that ASML will continue focusing on resolution, accuracy, and productivity for years to come. Thanks to Extreme Ultraviolet lithography—or EUV—the company already has visibility into customer needs for roughly the next 10 to 15 years.

But here's the catch: lithography alone won't cut it. Fouquet acknowledged that future transistor density demands will require more than just better etching. That's why ASML is also diving into advanced 3D packaging, which stacks chips vertically to cram more computing power into smaller spaces.

AI Tools and Long-Term Thinking

Fouquet also highlighted ASML's investment in Mistral to deploy AI internally. The technology is already speeding up software development and cutting down on the time engineers spend in the field. Plus, AI helps optimize machine performance by crunching operational data.

As for the AI bubble worries? Fouquet isn't buying it. He called industrial AI a durable, long-term opportunity and said hyperscaler spending will eventually translate into real equipment orders. He did caution that more companies will pile into the space, and consolidation will likely follow down the road.

ASML stock has surged over 57% year-to-date, driven by strong demand for EUV tools from chipmakers like Taiwan Semiconductor Manufacturing Company (TSM), which are racing to produce advanced nodes for GPUs and AI accelerators.

Price Action: ASML Holding stock traded down 3.05% at $1,088.56 on Friday.