ASML Holding is set to report its latest quarterly earnings, marking the start of the technology sector's earnings season for European equities.
The Dutch lithography equipment maker, a critical supplier to the global semiconductor supply chain, faces heightened scrutiny from investors seeking confirmation of sustained demand for its advanced EUV and DUV systems.
European technology shares opened higher on Thursday, buoyed by a broad-based rally following an unexpectedly strong quarterly report from US memory chip manufacturer Micron Technology.
The positive sentiment from Micron’s results rippled across the sector, lifting ASML shares alongside other semiconductor peers.
This momentum underscores the market’s focus on the health of the broader chip cycle, particularly in memory and logic segments.
ASML’s stock has more than doubled over the past 12 months, reflecting robust investor confidence in the long-term growth trajectory of semiconductor manufacturing.