ASML Closes at Record as High-End Chip Machine Orders Soared
- Order bookings rose to €9.19 billion in the fourth quarter
- ASML’s products are a bellwether for the industry’s health
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ASML Holding NV closed at a record high after its orders more than tripled last quarter, in a sign that parts of the semiconductor industry are resurgent.
Order bookings rose to a record €9.19 billion ($9.98 billion) in the fourth quarter from €2.6 billion in July to September, driven by demand for its most sophisticated machines, Europe’s most valuable technology company said in a statement on Wednesday.