Why ASML Stock Jumped Today

Shares of the semiconductor equipment company ASML (ASML 3.61%) popped today after the company released its fourth-quarter results (ending Dec. 31) that outpaced Wall Street's expectations. ASML's revenue and earnings were both ahead of analysts' consensus estimates, and the company's CEO said today that cheaper AI models could propel the company ahead even further.ASML's shares rose by more than 7% today and were up by 4.1% as of 11:03 a.m. ET.A better-than-expected quarterASML reported fourth-quarter earn ...