ASML Stock Jumps as Chip Supplier’s Earnings Beat Expectations – Barrons

ASML, a critical supplier of manufacturing equipment to the semiconductor industry, posted better-than-expected fourth-quarter earnings Wednesday as demand for chipmaking equipment continues to outstrip supply.

U.S.-listed shares of ASML (ticker: ASML) rose 2.4% in U.S. premarket trading, while the shares trading in Amsterdam (ASML.Netherlands) rose 1.3%. The stock has fallen more than 10% so far this year, in line with a broad decline in the technology sector.

The…

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