On August 7, ASML Holding NV rose 3.09% in pre-market trading, trading at $1756.56/share, with turnover of $34.86 million. The stock continues its recovery trajectory following a steep July selloff.

On the news front, ASML disclosed on August 3 the latest transactions under its current share buyback program, signaling management confidence in the company's intrinsic value. Meanwhile, core optical supplier Zeiss expressed confidence in meeting AI chip capacity demand and announced headquarters expansion along with new factory construction plans, alleviating market concerns over potential production bottlenecks in the EUV/DUV supply chain.

ASML had previously suffered a cumulative decline exceeding 18% in July after reports emerged that a Chinese state-backed enterprise had begun small-batch production of immersion DUV lithography machines, with initial targets of five units this year and approximately 20 by next year. While analysts noted the selloff was excessive given the minimal near-term revenue impact, the news challenged the long-term monopoly thesis. The current rebound reflects capital flowing back into the oversold name, supported by the ongoing buyback and broader semiconductor equipment sector recovery, with peers KLA up 3.3%, Lam Research up 3.37%, and Teradyne up 3.67%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)