Finance
ASML shares surge after strong bookings
Published by Global Banking and Finance Review
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on January 29, 2025
1 min readLast updated: January 27, 2026
ASML shares surged 8.7% in Frankfurt after reporting strong Q4 bookings of 7.08 billion euros, easing some bearish concerns.
MILAN (Reuters) - ASML shares rose sharply in early Frankfurt trading on Wednesday following strong quarterly bookings.
The biggest supplier of computer chip-making equipment posted much better than expected fourth-quarter bookings of 7.08 billion euros, on strong demand for its most advanced tools.
The shares, which have been hit by the DeepSeek rout this week, were up 8.7% in Frankfurt.
"The strong Q4 booking and backlog will dispel some of the bearish concerns regarding 2025 itself, though concerns on the 2026 growth are likely to persist," Jefferies said in a note.
(Reporting by Danilo Masoni; Editing by Amanda Cooper)
The article discusses the surge in ASML shares following strong quarterly bookings and the impact on market sentiment.
ASML shares rose due to better-than-expected fourth-quarter bookings and strong demand for advanced chip-making tools.
While the strong bookings eased some concerns for 2025, there are still worries about growth in 2026.
Explore more articles in the Finance category
