ASML Stock: Soars Past $500 Billion Market Cap on TSMC’s Earnings Beat

TLDR ASML reached $500 billion market cap after jumping 7% on Thursday TSMC’s 35% profit surge to $16.3 billion triggered the semiconductor rally RBC Capital set $1,550 price target citing AI demand and tight DRAM supply Stock hit record €1,167 per share, cementing Europe’s top company status Analysts expect continued growth through 2027 on EUV [...]

The post ASML Stock: Soars Past $500 Billion Market Cap on TSMC’s Earnings Beat appeared first on Blockonomi.