ASML Holding N.V. reported Q2 2026 earnings and revenue well above expectations, driven by strong demand for AI-related semiconductors. The company raised its 2026 revenue outlook to €43–45 billion, implying up to 38% year-over-year growth. This growth was supported by increased sales of lithography machines and pricing power, leading to margin expansion and a rebound in free cash flow. Despite trading at a premium valuation, risks include potential margin pressure and high capital expenditures for advanced technology development.
Intel's stock rose 5% following a milestone of processing over one million wafers using advanced High-NA EUV technology from ASML, positioning Intel years ahead in chip manufacturing innovation. ASML and Taiwan Semiconductor also gained 3% amid stron...
Canada has enacted retaliatory tariffs on $20 billion worth of U.S. goods, including steel, aluminum, dairy, and electronics, escalating an 18-month trade dispute. These tariffs range from 15% to 50% and affect key sectors, putting pressure on North ...
TSMC and Samsung, two leading chipmakers, have committed to using ASML's High NA EUV lithography machines, which cost around $400 million each, to produce more advanced chips. Samsung plans to adopt this technology for DRAM memory manufacturing start...
French AI startup Mistral raised 3 billion euros ($3.5 billion) led by Samsung and the EU-backed Scaleup Europe Fund, valuing the company at over 21 billion euros. The funding will help Mistral build its own data centers and expand computing capacity...
