ASML's European stock market value increases by another 100 billions USD within two weeks

Glonghui, January 28｜ASML's European stock market capitalization climbed from $400 billions to $500 billions over nearly two years, but it took only two weeks to achieve the next $100 billions in market cap growth. On Wednesday, ASML's share price once soared by 7.5% to €1,309 per share, after its fourth-quarter order volume far exceeded analysts' expectations. This brought the company's market value to approximately €508 billions (about $608 billions). Earlier this month, the company's market cap surpassed $500 billions for the first time, as investors bet that chip manufacturers would rush to expand production to meet the surging demand for AI chips. ASML's share price has already risen 40% in January, on track for its largest single-month gain in more than two decades.