- ASMLD.BA is trading 3% up now at $12.70 as the broader semiconductor sector rebounds following recent declines.
- The stock is also supported by recent positive news, including Bank of America raising its price target on ASML Holding N.V. to $2,345 from $2,268 and ASML's announcement of a collaboration with TNO to scale European photonic chip manufacturing.
- The move reflects a partial recovery after the June 23–24 sector-wide tech rout and China export worries that had driven shares sharply lower.