The company posted fourth-quarter orders well above analysts’ expectations as chip makers scrambled for machinery to produce increasingly sophisticated semiconductors.

Computer chip equipment maker ASML's CEO on Wednesday made the case that the advent of efficient AI models such as one China's DeepSeek has launched is a net positive for chip markets.

ASML Holding NV booked more than twice as many orders as analysts expected in the fourth quarter, as the artificial intelligence boom drove demand for its chipmaking machines.

KEY TAKEAWAYS ASML Holding shares are surging 7% in premarket trading Wednesday after the Dutch semiconductor-gear manufacturer reported better-than-expected fourth-quarter results.ASML's fourth-quarter net bookings of 7.

By Nathan Vifflin and Toby Sterling EINDHOVEN, Netherlands (Reuters) -Top computer chip equipment maker ASML reported fourth-quarter bookings of 7.09 billion euros ($7.39 billion) on Wednesday that far exceeded expectations,

Shares in Dutch tech giant ASML soared Wednesday despite a dip in annual net profit, as investors cheered better-than-expected orders for its cutting-edge chip-making machines.

ASML's financial performance and growth projections make it a top pick despite potential challenges from DeepSeek. Click here to read why ASML is a Strong Buy.