ASML Holding N.V. is trading 5% up at $12.43 following a sharp move higher after Elon Musk publicly labeled the firm Europe’s greatest company and highlighted its critical role in AI-focused semiconductor manufacturing.

  • The stock’s recent strength aligns with a broader rebound in technology and chip names, as major U.S. indices also trade moderately higher.
  • Musk's comments have generated significant company-specific buzz, reinforcing supportive sector sentiment for the lithography leader.