ASML Holding NV is trading 4.5% up at $1827.67, extending a rally sparked by a high-profile endorsement from Elon Musk.

  • Musk recently labeled the firm arguably the greatest company in Europe and is scheduled to appear virtually at the company’s June 9–10 technology conference.
  • Investor focus remains on the Terafab semiconductor manufacturing project, fueling continued optimism for AI-related capital expenditure.
  • The stock is also benefiting from broader momentum as technology shares trade higher across the market.