September Nasdaq 100 E-Mini futures (NQU26) are up +0.40% this morning as sentiment got a boost after ASML Holding’s earnings provided fresh evidence of unrelenting demand for cutting-edge chips.
Chip stocks advanced in pre-market trading after ASML Holding reported record orders in Q2 and raised its full-year sales guidance for the second time this year. The Dutch company also said it would increase production of its semiconductor manufacturing machines in the coming years. U.S.-listed shares of the Dutch chip equipment maker gained over +3% in pre-market trading.