ASML Holding N.V. surged 4.1% yesterday, closing at $1656.40. The significant move was primarily driven by:
- Intel's announcement on June 16 at the 2026 VLSI Symposium that its 18A-P process node entered risk production, signaling accelerated demand for ASML's advanced EUV lithography tools.
- Growing optimism from analysts regarding ASML's capacity to expand EUV tool output and sustained long-term demand for its technology in AI and semiconductor scaling.
- Recent collaborative breakthroughs with partners TSMC and Imec in next-generation 2D transistor manufacturing, further boosting market sentiment.