Movement Alert|ASML Holding NV Rises 3.09% in Regular Trading, Buyback Program Continues as Stock Rebounds from Oversold Levels

Market Focus
Aug 04

On August 4, ASML Holding NV rose 3.09% in regular trading, trading at $1698.47/share, with turnover of $292 million.

On the news front, ASML disclosed on August 3 the latest transactions under its current share buyback program, signaling management confidence in the company's intrinsic value. Meanwhile, ASML's core supplier Zeiss expressed confidence in meeting capacity demands and announced plans for headquarters expansion and new factory construction, easing market concerns over AI chip production bottlenecks.

The rebound comes after ASML suffered a cumulative decline exceeding 18% in July, triggered by reports that a Shanghai-based state-backed company had begun mass-producing immersion DUV lithography machines, with initial targets of five units this year and approximately 20 by next year. Analysts noted that the selloff was excessive, as the reported production scale remains minimal compared to ASML's 131 immersion DUV systems delivered last year. The current recovery appears driven by a combination of oversold capital reflows and ongoing buyback support.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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