Semiconductor Stock Jumps on Upbeat Guidance

ASML Holding NV (NASDAQ:ASML) stock is on the rise today, up 4.7% at $705.14 at last glance, after the chipmaker reiterated its 2030 outlook amid the artificial intelligence (AI) boom. The company's goal is between €44 billion ($46.3 billion) and €60 billion ($63.4 billion) in annual revenue by that time, with a gross margin between approximately 56% and 60%. Today's pop has ASML further removing itself from a Nov. 6 52-week low of $654.77. The stock is also headed for its best day in almost two months whil ...