Latest News About ASML's stock climbs on fresh 2029 sales outlook upgraded revenue projections bullish earnings update AI toolmaker shares soar chip stock rallies on strong demand Dutch giant ASML posts stellar earnings shares jump after new demand wave Semiconductor leader rides AI wave tech stocks surge on better-than-expected outlook

ASML raised its annual sales target for the second time this year, citing strong demand for AI gear . The firm also said it would boost production by a third to handle the surge. Bank of America kept its Buy rating after the upgrade, calling the outlook outside typical bounds. shares edged higher even as broader EU markets stayed sluggish due to regional pressures . The Dutch giant stays laser-focused on AI chip kit supplies .