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ASML Holding NV Stock (ASML) Closed Up by 5.32% on Mar 31: What Signal Does It Send?
ASML Holding NV (ASML) stock rose by 5.32% on March 31, driven by strong demand for its EUV lithography tools, a significant order from SK Hynix, and an upgraded price target from Bernstein. The semiconductor industry’s robust outlook, projecting $1 trillion in sales by 2026 due to AI infrastructure growth, further supports ASML’s critical market position. Investors are anticipating ASML’s Q1 2026 results and a reiterated “buy” rating from JPMorgan Chase & Co.