ASML's Stellar Q4 Performance

ASML Holding NV, the renowned Dutch chip equipment manufacturer, saw its shares skyrocket by 11% this Wednesday. This significant leap came on the heels of the company announcing a substantial surge in its fourth-quarter orders.

Exceeding Expectations

The company's new bookings reached an impressive €7.09 billion, nearly doubling the analysts' forecasts of €3.99 billion. This remarkable achievement has alleviated worries about a potential deceleration in AI chip demand, especially in light of the ascent of the Chinese AI firm DeepSeek.

Market Reaction

By 9:12 am CET, ASML's shares were up by 11.07%, trading at €718.20, marking a notable moment for the company and its investors.