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ASML Holding Up 7.4% Amid TSMC's Higher AI-Focused Capex Plans
ByAinvest
Monday, Jan 19, 2026 8:24 am ET1min read
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ASML Holding's stock is up 7.4% after TSMC reported higher 2026 capital spending plans focused on advanced, AI-related chip production. This is expected to boost demand for ASML's lithography systems, which are central to TSMC's manufacturing plans. Analysts see ASML as a major equipment beneficiary of TSMC's expanded investment and US-Taiwan chip build-out initiatives.
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