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ASML Rises On Upgraded Outlook As Capacity Expansion Signals Robust Chip Demand
ASML Rises On Upgraded Outlook As Capacity Expansion Signals Robust Chip Demand
Technology stocks moved higher early Wednesday after ASML Holding delivered strong earnings and raised its full-year guidance, providing fresh evidence that demand for the advanced chips and manufacturing equipment powering the AI boom remains intact.
Nasdaq 100 futures gained about 40bps, while ASML shares rose 4% in Amsterdam after the company lifted its annual sales forecast for the second time this year. SK Hynix surged 8.8% in Seoul as the memory-chip maker's locally listed shares caught up with its...
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A diesel-price shock may be approaching Western economies.
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