EUV is trading 4.7% higher today as investors extend a rebound in AI and semiconductor names following cooling U.S. inflation and strong mega-cap tech earnings.
- The rally follows positive momentum in chip and photonics stocks late last week, fueled by robust earnings from mega-cap technology companies.
- The move aligns with a broader risk-on tone in U.S. equities and an ongoing investor rotation into AI infrastructure plays.
- Improving macroeconomic sentiment and stable yields are providing additional tailwinds for semiconductors and related photonics technologies.