ASML Adds Another $100 Billion to Market Value in Just Two Weeks

A 40% rise in January puts ASML on track for its biggest monthly gain in more than two decades.Photographer: Lina Selg/Bloomberg

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January 28, 2026 at 1:15 PM UTC

It took the best part of two years for ASML Holding N.V.’s valuation to go from $400 billion to $500 billion. The next $100 billion materialized in just two weeks.

Shares in the semiconductor equipment maker jumped as much as 7.5% to €1,309 a piece on Wednesday after orders far exceeded analysts’ expectations for the fourth quarter. That gave ASML a market capitalization of roughly €508 billion, or $608 billion when converted into US currency.