ASML is trading 3.4% up now at $1235.13 after a strong multi-day run driven by bullish analyst calls and AI-related semiconductor demand optimism.

  • Recent coverage highlights multiple major firms raising price targets and reiterating Buy ratings.
  • The primary drivers cited are accelerating AI chip and memory spending, leveraging ASML’s strategic role in advanced lithography tools.
  • The broader market is only modestly higher, suggesting today’s significant move is largely stock-specific rather than purely macro-driven.