On Friday, the semiconductor equipment and materials sector experienced broad-based gains. At the time of writing, ASML Holding NV (ASML.US) surged over 5%, with its stock price reaching a new all-time high. Lam Research (LRCX.US) climbed nearly 6%, Applied Materials (AMAT.US) rose close to 4%, Onto Innovation Inc. (ONTO.US) gained over 3%, and Teradyne (TER.US) advanced 0.6%.