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"UK-China cooperation" boosts ASML as investors bet on rising demand for lithography equipment.
Jin10 reported on September 18 that Dutch chip manufacturing equipment supplier ASML may benefit from the collaboration between NVIDIA and Intel— the latter two companies are jointly developing products for the data center and personal computing sectors, according to Jan Frederik Slijkerman from ING. Intel is a long-term customer of ASML's lithography equipment, which is an essential core tool in the semiconductor manufacturing process. After NVIDIA announced a $5 billion investment in Intel to advance their collaboration, ASML's stock price jumped nearly 8%. Slijkerman pointed out that the rise in ASML's stock price indicates that investors expect demand for lithography equipment to further increase.