Dutch chip equipment manufacturer ASML (AMS:ASML) delivered another impressive quarter, comfortably beating market expectations and, crucially, raising its full-year outlook for the second time this year. The results reinforced ASML’s position as arguably the most important company in the global AI semiconductor supply chain, with demand for its lithography systems continuing to outstrip supply. For … Continue reading AI boom powers another ASML beat, but is the valuation running ahead of itself?