ASML Shares Surge 10% as Q4 Orders Exceed Forecasts Amid AI-Driven Demand

ASML Shares Surge 10% as Q4 Orders Exceed Forecasts Amid AI-Driven Demand

ASML Holding shares surged after fourth-quarter orders exceeded analysts’ expectations, signaling strong demand for its semiconductor-making machinery amid the AI boom. The Dutch company reported over $7 billion in orders, topping forecasts despite a year-over-year decline. The surprise beat helped ASML shares recover from a selloff earlier in the week, with shares jumping 10 in Amsterdam trading. ASML CEO Christophe Fouquet said AI-driven growth is reshaping market dynamics, creating both opportunities and risks.


User: Benzinga

Views: 326

Uploaded: 2025-01-29

Duration: 00:37