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The Nexus
BUSINESSJun 9 · 23:00 UTCBLOOMBERGHenry Ren, Sarah Jacob

ASML’s Surge to Record High Masks Lowball Valuation Versus Peers

ASML Holding NV's fourth-quarter orders surpassed analyst expectations due to increased demand for its chip-making machines driven by AI infrastructure development. The company's stock reached a record high, though its valuation is considered low compared to peers.

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