The European Stock Exchange opened up on Tuesday morning. The Stoxx Europe 600, following the price development of large European listed companies, was 0.4 percent higher compared to yesterday’s decision.
The Frankfurt Stock Exchange DAX and Madrid’s IBEX 35 were rising by 0.5 %. The London FTSE 100 was in a 0.1 % slope and the CAC 40 in Paris was down by 0.4 %.
One of the toughest risers of the Stoxx Europe 600 was the Dutchman in the semiconductor ASMLwith a stock of 10.6 % at EUR 715.30.
“Artificial Intelligence brings more opportunities”
The company published its interim report in October-December. Orders raised EUR 7.1 billion, that is, twice as much than expected analysts. The average expectations were EUR 3.5 billion.
AsmL’s net orders were driven by the company’s most advanced EUV-Lithography machines. These had been ordered for EUR 3 billion during the quarter.
“Artificial intelligence is a clear driver. We really believe that artificial intelligence brings more opportunities for semiconductor industry, ”ASML CEO Christophe Fouquet Comment on the result.
Numerous companies have said that they are investing in artificial intelligence. For example Meta On Friday, he said he was going to invest $ 65 billion in artificial intelligence projects this year.
Heavy Monday
The development of artificial intelligence requires processors that are planned, for example Nvidia. The physical processors themselves are manufactured by other companies such as Taiwanese Tscm. ASML supplies equipment for the manufacture of physical processors.
The artificial intelligence and semiconductor industry was tested on Monday. For example, ASML’s market value wiped out more than € 19 billion and NVIDIA worth almost $ 600 billion when investors chewed the Chinese artificial intelligence developer Deepseekin Impact on the market.
The company has claimed to have developed a chat-like software for only a fraction of the price that Western companies have used to develop their software. Studies have shown that Deepsek software is competitive with chatgpt and other software.