The global artificial intelligence boom has transformed Dutch semiconductor equipment maker ASML into Europe's most valuable listed technology company, with investors increasingly debating whether it could become the continent's first firm to achieve a $1 trillion market capitalisation, according to a Reuters report.
The optimism follows ASML's stronger-than-expected second-quarter earnings, which reinforced confidence that the company's dominant position in advanced chipmaking equipment will allow it to benefit from surging investment in AI infrastructure. The company's shares have climbed around 60% this year, lifting its market value to nearly $700 billion.
