ASML Holding(US:ASML) Youtube·2026-01-28 13:33Company Performance - ASML reported strong revenue of $11.4 billion, exceeding street expectations of $11.1 billion, although adjusted earnings per share of $8.61 missed expectations [5] - The backlog of orders was notably high at $15.7 billion, which is double the analyst expectations, indicating strong future revenue potential [5][6] - Seagate's revenue came in at $2.83 billion, surpassing the expected $2.75 billion, with adjusted earnings per share of $3.11 also exceeding expectations [14] - G Vernova's revenue reached $10.96 billion, exceeding the expected $10.21 billion, driven by a 35% year-over-year growth in electrification [20] Market Trends - The technology sector, particularly companies like Microsoft and Apple, is showing strong performance, contributing to the upward movement of the S&P 500 [3] - Demand for memory chips and data center spending is driving growth in the semiconductor industry, with ASML being a key player in this space [8][16] - The overall market is experiencing a rotation from broadening trades to a more focused market, which is seen as a positive sign for aggressive growth [3] Industry Insights - The AI data center buildout is significantly boosting demand for ASML's products, although sales to China are decelerating due to export restrictions [6][7] - Seagate's business is heavily reliant on data centers, with 87% of shipments related to this sector, indicating a healthy market for hard drives [16] - G Vernova is experiencing strong demand in electrification, with $2 billion in orders signed for data centers, although wind generation is facing challenges due to policy shifts [21][22]