ASML cuts 1,700 jobs while posting €9.6B record profit. Q4 bookings hit €13.2B as AI demand surges. What it means for chip equipment.

ASML Cuts 1,700 Jobs Despite €9.6B Profit as AI Chip Boom Reshapes Workforce

S&P 500 crosses 7,000 for first time ever, fueled by ASML's record bookings and Big Tech earnings anticipation. What investors should know.

S&P 500 Crosses 7,000 for the First Time in 68-Year History

ASML Q4 bookings hit €13.2B—double analyst estimates. Record orders signal chipmakers believe AI demand is sustainable. Stock hits all-time high.

ASML crosses $500B market cap, joining LVMH and Novo Nordisk as only European companies to reach the milestone. TSMC's $56B capex drives the surge.