ASML Shares Rise on Strong Q3 AI Equipment Demand
ASML Holding N.V. saw its shares climb 0.66% as third-quarter orders surged to €5.4 billion, eclipsing analyst forecasts. The Dutch firm, the sole producer of extreme ultraviolet lithography machines, remains indispensable to AI chipmakers like TSMC and Samsung.
Chinese buyers accounted for 42% of orders, likely front-loading purchases ahead of export restrictions. Geopolitical tensions are accelerating diversification in supply chains, with growing interest in magnet recycling and non-Chinese suppliers.