Why ASML Stock Was Climbing This Week
Shares of ASML (NASDAQ: ASML) were among the winners this week, as the Dutch manufacturer of lithography machines to make semiconductors posted better-than-expected results in its third-quarter earnings report and benefited from a broader upswing in tech and AI stocks, as well as the cooling off of trade tensions around China.
As of Thursday at 12:22 p.m. ET, the stock was up 8.8% for the week, according to data from S&P Global Market Intelligence.
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