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Why ASML Holdings Rose 11.1% in March

TheMotleyFool

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Why ASML Holdings Rose 11.1% in MarchPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Marc Adamus: https://img.theapi.app/temp/012f8213-0bd1-4831-98f2-6d5fae956d6a.png

Shares of ASML Holding (NASDAQ: ASML) rose 11.1% in March, according to data provided by S&P Global Market Intelligence.

The sole maker of mission-critical EUV (extreme ultraviolet) lithography machines necessary to produce leading-edge semiconductors inked a big new order from a major customer. Additionally, a widespread global chip shortage boosted forecasts for semiconductor equipment more broadly.

Image source: Getty Images.

Source Fool.com

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