ASML hits a $500B+ market cap for the first time, the third European company to reach the milestone, after TSMC reported strong earnings; ASML is up 18% YTD
Holy moly $TSM just said it expects the next three years of capex to be significantly higher than the last three years combined (~$100B). The AI factory of the global economy just told you this cycle is nowhere near over. That means $ASML keeps building the machines that make