
March Nasdaq 100 E-Mini futures (NQH26) are trending up +0.88% this morning as a sharp increase in orders at ASML provided fresh momentum to the AI trade.
U.S.-listed shares of ASML Holding (ASML) climbed over +6% in pre-market trading after the Dutch chip-equipment maker reported Q4 net bookings that were nearly double analysts’ forecasts and said it expects solid sales growth this year. Chip stocks rallied in pre-market trading following ASML’s results, with Intel (INTC) rising over +6% and Micron Technology (MU) gaining more than +4%. News that China had begun approving purchases of Nvidia’s H200 AI chip by Alibaba and other firms also lifted sentiment.