ASML Soars Above $500 Billion Value on TSMC’s Upbeat Outlook

ASML Holding NV became only the third European company to surpass $500 billion in market value after key customer Taiwan Semiconductor Manufacturing Co. gave a stronger-than-anticipated outlook for 2026.

Shares in the Dutch semiconductor equipment maker rose as much as 7.6% in Amsterdam on Thursday, hitting a record high and extending their year-to-date gain to 24%. That took ASML’s market capitalization to about €453 billion ($527 billion). Only luxury conglomerate LVMH and Danish drugmaker Novo Nordisk A/S have previously reached the milestone.