ASML (ASML) Stock; Rises on Strong AI Chip Orders Despite 1,700 Job Cuts

TLDRs; ASML posts record 2025 sales of €32.7B while announcing 1,700 workforce reductions. Strong AI-driven EUV orders push fourth-quarter bookings to €13.2B, beating expectations. Company forecasts €34–39B in 2026 sales and launches €12B share buyback program. Workforce cuts focus on leadership roles, with new engineering positions planned…
Read More