ASML is trading at $1509.27 (+4.60%) amid strong semiconductor sector momentum and optimism for earlier Fed rate cuts following cooling labor market data.
- The stock is extending yesterday's 4.09% gain from $1442.92, supported by a broader tech rally that has the Nasdaq up 0.85%.
- While there is no company-specific news today, the move is fueled by positive JOLTS data and surging AI demand for industry peers like AMD.