ASML Surges 6.37% on $2.94 Billion Volume Boom, Climbs to 28th in Market Activity Rankings

, , . The chipmaking equipment giant's performance reflected renewed investor confidence in its long-term growth potential amid evolving semiconductor demand patterns.

Analysts highlighted strategic partnerships with leading foundries as a key catalyst, with recent agreements to expand EUV lithography capacity positioning ASML to meet escalating demand for advanced node production. Market participants also noted positive implications from ongoing R&D disclosures, which reinforced expectations of sustained technological leadership in sub-3nm fabrication processes.

Regulatory developments in key markets remained under scrutiny, though no immediate policy changes were reported to impact capital expenditure timelines. Supply chain dynamics showed stability, with component suppliers maintaining delivery schedules aligned with ASML's production forecasts.

To set up this back-test precisely I need a couple of additional details: 1. Universe: Which market or stock universe should we scan for the "top-500 by daily trading volume"? • All U.S. common stocks (NYSE + NASDAQ)? • A particular index membership (e.g., S&P 500, Russell 3000)? • Another exchange or country? 2. Execution price: Do you want to • buy at that day’s close and sell at next day’s close, or • buy at next day’s open and sell at that day’s close, etc.? 3. Weighting method: Equal-weight each position daily (most common) or volume-weighted / market-cap-weighted? Once I have those three points, I can generate the signal set and run the back-test from 2022-01-03 (first trading day of 2022) through today.