ASML shares surged in early Frankfurt trading on Wednesday after reporting robust quarterly bookings. The leading supplier of computer chip-making equipment exceeded expectations with fourth-quarter bookings of 7.08 billion euros due to high demand for its cutting-edge tools.
Despite the recent DeepSeek rout impacting their value earlier in the week, shares rose by 8.7% in Frankfurt.
According to a note by Jefferies, "The strong Q4 booking and backlog will alleviate some of the bearish worries about 2025, although concerns about growth in 2026 may linger."