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ASML Equity Moves Higher On Report Of Next-Gen Delivery To TSMC This Year

TECHNOLOGY

Rating: A2[P]/A2

  • ASML one of the top performing €IG equities today. EUR spreads are muted.
  • Move came in response to a headline on a Jefferies analyst citing a call with the ASML CFO who said that they expect that TSMC can expect to receive its first high-NA test system this year while re-iterating that FY25 revenue in the upper half of the guidance range. The next gen technology is seen as a driver of LT margin growth.

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