ASML Holding NV is trading 5.3% higher at $1,729.39 following a sharp rebound in AI chip sentiment and easing pressure on semiconductor names.

  • The stock is bouncing alongside the broader chip and tech complex as investors re-engage with AI hardware leaders.
  • The move follows recent sector-wide weakness tied to macroeconomic concerns and interest rate-hike fears.
  • ASML continues to be viewed as a critical picks-and-shovels play within the global semiconductor supply chain.