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

Nasdaq Futures Rally as ASML Provides a Boost, Fed Decision and Big Tech Earnings Awaited

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.

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.