ASML rises as AI spending pushes it to seek more chip-tool output

Bloomberg · 5 hours ago
  • ASML shares rose after the Dutch company said soaring artificial intelligence spending means it is searching for ways to produce more chip-making machines over the next two years.
  • Iran-backed Houthis launched missile and drone attacks across Saudi Arabia, targeting several cities, and Saudi Aramco's headquarters in the east of the kingdom was hit.