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Technology 28 January 2026

ASML stock price rises in premarket after orders beat, 2026 outlook raised, job cuts flagged

ASML stock price rises in premarket after orders beat, 2026 outlook raised, job cuts flagged

ASML Holding’s U.S.-listed shares jumped 2.9% to $1,454.59 in early trading Wednesday, following the Dutch chip equipment maker’s report of fourth-quarter bookings hitting 13.2 billion euros. The company also raised its sales forecast for 2026 and announced plans to cut about 1,700 jobs. Mizuho analyst Kevin Wang attributed the strong orders and outlook to “AI demand for EUV in both logic and DRAM,” a memory chip type.
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