On Wednesday, ASML (ASML) shares rose 2.3%, with a market value of $674 billion.It became Europe's most valuable company ever, surpassing the record set by Danish pharmaceutical company Novo Nordisk in June 2024.Since the beginning of this year, ASML has ranked second in the European Stoxx 50 Index, with a cumulative increase of more than 60% this year.
As the world's leading supplier of EUV lithography machines, ASML's products are indispensable core equipment for chip manufacturers such as TSMC, Samsung, and Intel to produce advanced process chips.
The explosive growth in demand for AI chips has directly driven the surge in orders for ASML's high-end lithography machines.
Previously, TSMC’s revenue data for April showed that the revenue for that month increased by 17.5% year-on-year, and the cumulative growth in the first four months was 29.9%, which confirmed the continued upward trend of the semiconductor industry.
ASML's breakthrough in market value is not only market recognition of its technical barriers, but also reflects the profound impact of the global AI computing power competition on the semiconductor industry chain.
