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ASML orders triple as demand for most sophisticated gear soared

Bloomberg
Bloomberg • 4 min read
ASML orders triple as demand for most sophisticated gear soared
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ASML Holding NV hit a record high after its orders more than tripled last quarter, in a sign that parts of the semiconductor industry are resurgent. 

Order bookings rose to a record €9.19 billion in the fourth quarter from €2.6 billion in July to September, driven by demand for its most sophisticated machines, Europe’s most valuable technology company said in a statement on Wednesday. 

Shares rose as much as 10% to an intraday record of €778.90 in Amsterdam.

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