ASML is trading at $1,352.95 (+7.06%) following TSMC's announcement of a massive $52-56 billion in 2026 capital expenditure, signaling strong future demand for lithography equipment.
- TSMC's projected spending represents a 27-37% increase year-over-year, directly benefiting ASML's order book, particularly for critical EUV machines.
- The foundry reported a Q4 profit surge of 35% and projected 30% revenue growth, driven by robust AI chip demand.
- The recent surge pushed ASML's market capitalization past $500 billion, cementing its position as Europe's most valuable company.