ASML.AS is trading approximately 7% higher at $1721.40 following news that Samsung Electronics and SK Hynix plan to invest $518 billion in new semiconductor infrastructure.
- The investment includes the construction of four new fabrication plants in South Korea, significantly boosting demand expectations for ASML’s advanced lithography equipment.
- The massive capital expenditure plan has lifted semiconductor equipment stocks broadly as investors anticipate a long-term surge in global chip manufacturing capacity.