Jan 6 • 15:41 UTC 🇩🇪 Germany FAZ

Amsterdam Stock Exchange: ASML shares over 1000 Euros again

The share price of Dutch chipmaker ASML has reached an all-time high, significantly boosting Amsterdam's AEX index even amidst global political unrest.

The Amsterdam Stock Exchange is witnessing a remarkable surge in the share price of ASML, a leading Dutch chip machinery manufacturer, which has surpassed 1000 Euros for the first time. This milestone is contributing to a record closing for the AEX index, representing the fifth-largest economy in the EU. Investors appear undeterred by various global political uncertainties as they capitalize on the burgeoning demand for chip manufacturing, particularly in relation to advancements in artificial intelligence.

Despite multiple geopolitical turmoil and a seemingly disintegrating world order, market dynamics in Amsterdam remain robust. The AEX index's record was achieved early in the new year, driven largely by positive market trends in chip manufacturers, with ASML at the forefront alongside smaller players such as Besi and ASM International. The optimism surrounding these companies is fueled by expectations of increased business in artificial intelligence, which necessitates the production of numerous high-quality chips, essential for various applications in the tech industry.

These developments signal a resilient outlook for the semiconductor sector, particularly in Europe, as ASML and its counterparts see substantial gains in their stock value at the onset of the new trading year. Analysts suggest that while investors are aware of the inherent risks associated with such high-tech firms, the prospects of significant growth in AI application revenue make the potential rewards worth the investment. As the technological landscape continues to evolve, the performance of these companies may have far-reaching implications for the broader economy.

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