ASML is trading 2.4% up at $1,928.63, extending its sharp rebound following last week’s AI-valuation-driven technology selloff.
- The upward momentum is primarily driven by sustained strength in the semiconductor sector and continued optimism surrounding global AI infrastructure spending.
- Broader tech risk-on sentiment is supporting the price action, as investors move back into the sector despite a lack of fresh, company-specific catalysts this morning.