Shares in ASML surged to a new all-time high on Thursday, pushing its market capitalisation past the $500 billion milestone and cementing its lead as Europe’s most valuable company.
The surge in the Dutch chipmaking equipment manufacturer was fuelled by TSMC’s blockbuster results, which sparked a broad rally across European semiconductor stocks.
ASML shares were up around 5%, hitting a record 1,167 euros earlier in the session. Its market value stood at around 443 billion euros ($515 billion) as of 0858 GMT.
($1 = 0.8595 euros)