BUZZ-Wall Street semis jump as ASML orders ignite fresh optimism on AI supercycle
Reuters
Jan 28
BUZZ-Wall Street semis jump as <a href="https://laohu8.com/S/ASML">ASML</a> orders ignite fresh optimism on AI supercycle
** U.S. semiconductor shares advanced premarket after European peer ASML ASML.AS reported EUR 13.2 billion ($15.82 billion) in Q4 net bookings, far exceeding analyst expectations, as strong AI‑driven demand fueled orders for its chipmaking equipment
** Micron Technology MU.O rises 4.3%, Intel INTC.O is up 4.6%, while U.S. listed shares of Arm Holdings ARM.OO9Ty.F are up ~1%
** Analysts at J.P. Morgan said the robust demand outlook underscores ASML's pivotal role in AI and semiconductor manufacturing supply chains
($1 = 0.8345 euros)
(Reporting by Rashika Singh in Bengaluru)
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