Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Aanchal Sugandh

ASML Is Betting Big on AI Giant Mistral. Does That Make ASML Stock a Buy, Sell, or Hold Here?

ASML Holding (ASML), the pioneer in semiconductor equipment, has taken a significant stride into the artificial intelligence (AI) landscape by forging a long-term partnership with France-based Mistral AI. The alliance is designed to weave AI models into ASML’s entire product portfolio, encompassing research, development, and operational processes. 

To cement the alliance, ASML is leading Mistral’s Series C funding round with an investment of €1.3 billion ($1.5 billion), securing roughly an 11% stake on a fully diluted basis. The move positions ASML as a strategic investor and key influencer in shaping Mistral AI’s technology roadmap, granting it a seat on the startup’s Strategic Committee. 

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.