Economic TimesLean R·
Global Market: ASML's AI-fuelled rally raises prospects of becoming Europe's first trillion-dollar company
The artificial intelligence boom has propelled Dutch chip equipment maker ASML to become Europe's most valuable listed technology company, with investors increasingly betting it could become the continent's first trillion-dollar company. Strong AI-driven demand, a dominant position in advanced chipmaking equipment and bullish analyst forecasts have fuelled optimism, although geopolitical risks and sustained AI spending remain key variables.
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