"ASML has reached a milestone. Shares in the Dutch chip machine manufacturer rose 7.6 percent in Amsterdam on Thursday, bringing its market value above $500 billion for the first time. The increase follows strong forecasts from its main customer, TSMC, for 2026. ASML's share price reached a record high after Taiwan Semiconductor Manufacturing Co. announced that it would increase its capital investments to $56 billion in 2026. This is more than analysts had expected and shows how the Taiwanese chip manufacturer is benefiting"
"TSMC produces chips that are used in everything from Apple smartphones to Nvidia's AI accelerators. This forward-looking outlook calmed concerns about a possible AI bubble. For ASML, this is good news. The Veldhoven-based company is the only manufacturer of advanced lithography machines that TSMC needs to produce cutting-edge chips. ASML has grown to become Europe's most valuable company. ASML previously surpassed fashion group LVMH in Europe. It has now gained further ground."
ASML's shares rose 7.6 percent in Amsterdam, pushing market value above $500 billion for the first time. The gain followed TSMC's decision to raise 2026 capital investments to $56 billion, exceeding analyst expectations and reflecting AI-driven chip demand. TSMC's outlook eased fears of an AI bubble and underpins strong demand for ASML's advanced EUV lithography machines. ASML is the sole supplier of those machines that TSMC requires for cutting-edge chips. Continued orders from major customers make ASML a key indicator of the global semiconductor industry's health.
Read at Techzine Global
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