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ASML shares jump after Aletheia Capital double upgrade

ASML stock climbed over 6% after Aletheia Capital upgraded its rating to Buy, citing strength in EUV demand.
ASML Holding N.V. (NASDAQ: ASML) stock rose more than 6% in premarket trading on January 2, 2026, after Aletheia Capital’s analyst Warren Lau upgraded the chip-equipment maker from Sell to Buy, reflecting renewed confidence in demand for its extreme ultraviolet (EUV) systems. ASML is the world’s leading supplier of EUV lithography tools critical for advanced semiconductor manufacturing. Shares have outperformed peers on AI-led hardware demand.