ASML Holding and labor unions have agreed a social plan linked to 1,700 job cuts in a company wide restructuring. The plan focuses on Development & Engineering and IT & Data teams and runs without compulsory layoffs until May next year. ASML aims to redeploy affected staff internally while pursuing higher efficiency across its operations. For a company as central to chip manufacturing as ASML Holding (ENXTAM:ASML), a restructuring on this scale is a key operational event. The stock trades...
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The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.75%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +3.29%. June E-mini S&P futures (ESM26 ) rose +1.73%, and June E-mini Nasdaq futures...
Musk joined ASML's annual employee tech conference virtually as SpaceX prepares to go public in what would be the largest IPO on record
Oracle is raising cash, and much of it may end up flowing to ASML.
The S&P 500 Index ($SPX ) (SPY ) today is up +0.03%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.42%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.37%. June E-mini S&P futures (ESM26 ) are up +0.03%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.43%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.53%. June E-mini S&P futures (ESM26 ) are up +0.29%, and June E-mini Nasdaq futures...
Wall Street looked set to rebound strongly on Thursday, before Donald Trump published a warning that the US will conduct strikes on Iran "very hard tonight". He added in a social media post that Washington "will be taking Kharg Island" and other oil infrastructure sites to "assume total...
Musk is expected to discuss a chip venture tied to Tesla, SpaceX, and ASML's lithography systems.
Elon Musk is set to make a virtual appearance at a technology event hosted by semiconductor equipment leader ASML on Thursday, where he is expected to discuss Terafab, his proposed large-scale semiconductor manufacturing project designed to supply chips for Tesla (NASDAQ:TSLA) and SpaceX (NASDAQ:SPCX). The appearance comes as investors await the pricing of SpaceX’s initial public offering, which is expected later on Thursday and could become the largest IPO ever completed.
Elon Musk is expected to appear virtually at an event by computer chip equipment giant ASML on Thursday to discuss Terafab, his plan for a massive chipmaking plant to supply Tesla and IPO-bound SpaceX. The pricing of the initial public offering of Musk's SpaceX, potentially the largest ever, is expected later on Thursday. "Musk will share his vision on AI, robotics, space, and semiconductor manufacturing," an ASML spokesperson said in a statement.
7.59am: Wizz profits collapse Wizz Air has reported a total collapse in profits after aircraft groundings, higher costs and disruption in the Middle East offset record passenger growth. Net profit slumped to just €1.3 million in the year to 31 March from €213.9 million in the previous...
Investors question pricing power, tool adoption, and capacity growth despite ASML's central role in advanced chipmaking.
Employees affected by the restructuring could have until May 2027 to secure new roles.
Semiconductor equipment stocks marched higher amid continued strong demand for new chip gear amid the AI boom.
ASML Holding N.V. (NASDAQ:ASML) is one of the best NASDAQ stocks to buy and hold for 3 years. BofA lifted the price target on ASML Holding N.V. (NASDAQ:ASML) to EUR 1,921 from EUR 1,710 on June 4 and maintained a Buy rating on the shares. The rating update came after the company’s technology conference, with […]
The global race for artificial intelligence supremacy is rapidly becoming a race for semiconductor manufacturing capacity. AI models require vast amounts of computing power, data centers are consuming more chips than ever, and governments are increasingly viewing semiconductor production as a matter of national security. Against that backdrop, Elon Musk has unveiled perhaps the most ... One Factory to Rule Them All: How Musk’s Terafab Could Rewrite the Scale of U.S. Chip Production
ASML Holding stock: recent performance snapshot ASML Holding (NasdaqGS:ASML) has drawn attention after a strong run, with the stock showing a 6.5% move over the past day, about 7.4% over the past week, and near 10% for the month. See our latest analysis for ASML Holding. That sharp recent move fits into a strong trend, with the stock posting a 90 day share price return of 26.43% and a 1 year total shareholder return of 128.60%, suggesting momentum has been building rather than fading. If you...
Tesla (NASDAQ:TSLA) CEO Elon Musk is once again pitching a project that sounds engineered to break Excel spreadsheets. According to an X post from Sawyer Merritt circulating this week, Musk described Terafab as a roughly 100 million square foot facility, about 10 times larger than Tesla’s Giga Texas factory, with a long-term output target of ... Elon Musk Reveals Insane Plan to Double American Chip Production in a Single Plant
The S&P 500 Index ($SPX ) (SPY ) today is up +0.93%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.89%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.17%. June E-mini S&P futures (ESM26 ) are up +0.76%, and June E-mini Nasdaq futures...
ASML Holding (NasdaqGS:ASML) has become the most valuable European stock ever, setting a new all time high in market capitalization. The move is tied to demand for advanced chip manufacturing equipment and ASML’s position as the only supplier of key EUV lithography systems. The company has raised its full year revenue outlook and highlighted a strong backlog, pointing to solid order visibility from chipmakers. For investors watching ASML Holding (NasdaqGS:ASML), the new valuation milestone...
The head of Europe’s most valuable company has warned the EU against intervening directly in semiconductor supply chains, arguing that reducing...
Japan is having a moment. The MSCI Japan benchmark has delivered an unhedged return of about 13% year to date through late May, while the currency-hedged version has tacked on closer to 18%. That gap is the reason any investor building international developed exposure needs to consider three funds: the iShares MSCI Japan ETF (NYSEARCA:EWJ), ... After Reviewing Every International Developed Market ETF These 3 Cover Japan and Europe Better Than Anything Else
Elon Musk joined ASML Holding’s (ENXTAM:ASML) recent technology conference virtually to discuss chip manufacturing ambitions tied to the proposed Terafab project. Musk and ASML executives held direct talks about supplying advanced lithography equipment for a planned Terafab chip fabrication facility supporting Tesla, SpaceX and xAI. The invitation triggered internal pushback from some ASML employees, who raised concerns about Musk’s involvement and its implications for the company’s values...
The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.58%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) today is up +1.01%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +2.39%. June E-mini S&P futures (ESM26 ) are up +1.00%, and June E-mini Nasdaq futures...
BNP Paribas is warning clients that this week’s SpaceX IPO could do something the AI rally has not yet had to absorb: force a wave of selling in the very semiconductor stocks that have driven the market higher. Retail investors are expected to be heavy buyers of the IPO, and they will need to raise ... Wall Street Bank Warns SpaceX IPO Could Trigger Large Sell-Off in Popular Semiconductor Stocks