ASML Holding shares surged after fourth-quarter orders exceeded analysts’ expectations, signaling strong demand for its semiconductor-making machinery amid the AI boom. The Dutch company reported over $7 billion in orders, topping forecasts despite a year-over-year decline. The surprise beat helped ASML shares recover from a selloff earlier in the week, with shares jumping 10% in Amsterdam trading. ASML CEO Christophe Fouquet said AI-driven growth is reshaping market dynamics, creating both opportunities and risks.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02ASML holding shares surged after fourth quarter orders exceeded analysts' expectations,
00:07signaling strong demand for its semiconductor-making machinery amid an AI boom.
00:11The Dutch company reported over $7 billion in orders,
00:14topping forecasts despite a year-over-year decline.
00:17The surprise beat helped the company's shares recover from a sell-off earlier in the week,
00:22with shares jumping 10% in Amsterdam trading.
00:25CEO Christophe Fouquet said AI-driven growth is reshaping market dynamics,
00:30creating both opportunities and risks.
00:32For all things money, visit Benzinga.com slash GSTV.