ASML Beats Q2 Expectations, Stock Surges 5% on July 15

According to CNBC, Dutch semiconductor equipment maker ASML's stock surged more than 7% at the open on July 15 (local time), later paring gains to around 5% as European markets opened. The company's second-quarter revenue reached €9.326 billion, exceeding market expectations of €8.8 billion, while net profit hit €2.918 billion versus the expected €2.62 billion. ASML also raised its full-year revenue guidance for the second consecutive quarter.

The stock surge helped push the Dutch market 0.97% higher, while major European indices including the UK, Germany, France, and Italy fell roughly 1%. Semiconductor stocks face pressure from investor concerns about the sustainability of massive AI-driven capital spending, alongside stricter export controls on advanced chip equipment.