ASML extracts from LVMH, the second largest European company, a market value

ASML Holding NV has become the second largest company in Europe, as LVMH has exceeded market value for the first time ever. The ASML shares jumped 8.1% today, Wednesday, providing the value of the company that produces the equipment, needs to make semiconductors to reach about $ 377 billion ($ 410 billion). It increases by about 641 million euros over the giant of luxury goods. At the level of European markets, there is Novo Nordisk A/S, whose market value exceeds this level. The high value of the “ASML” is supported by the news that the largest agent, the manufacturer of the slides, “Taiwan Simonkinder Manovacting” is a specialized tool specializing in the production of the best chips manufactured so far, and the Dutch company sells it at a high price of 350 million euros per device. Significant orders that are expected to broadcast this reassurance among the ASML investors about future sales, as the former Taiwanese agent has expressed concern about the price assessment of the machine. The share has decreased since April after the first quarter results showed that the manufacturers of senior slides kept themselves from buying high quality equipment. Janedan Menon, an analyst at Jeffrez, who recommended the purchase of the arrow, said “expected to receive huge requests in the coming quarters.” He added that “TSMC” is scheduled to increase the production of the next generation slides measuring 2 Nm during the second half of 2025, but “ASML” has not yet received major reservations about it. Meanwhile, the “LVH” shares have decreased over the past month due to the fear of luxury commodity sales. Chanel recently warned that this industry is close to difficult times, and that Kering SA is struggling to revive the fate of “Gucci”.