ASML Holding N.V. is trading 5.2% up at $12.40 following high-profile comments from Elon Musk, who highlighted the firm as the greatest company in Europe and stressed its vital role in the AI industry.

  • Musk emphasized the company's critical importance to the global semiconductor manufacturing landscape and the future of artificial intelligence.
  • The stock is also benefiting from a broader recovery in the technology sector, with the Nasdaq trending higher alongside this company-specific sentiment boost.