ASML is trading 5.1% up at $1,852.99 as investors react to reports of Dutch resistance to U.S. export controls and a broader semiconductor sector rally.
- Reports suggest the U.S. is weighing expanded export controls on sales to China, though Dutch officials are reportedly pushing back against the proposed restrictions.
- Tech and semiconductor stocks are seeing a broader rebound following Micron’s strong earnings report and improved sentiment regarding global chip demand.
- The price move follows a period of significant volatility for the sector amid shifting geopolitical tensions and trade policy uncertainty.