TSMC Likely To Receive ASML Chipmaking Machine This Year, Stocks Jump

Key TakeawaysTaiwan Semiconductor Manufacturing Company and ASML Holding surged Wednesday after analysts reported that the Dutch firm is optimistic that TSMC will receive its advanced chipmaking machine this year.ASML's lithography technology is used to mass-produce semiconductor chips.Jefferies analysts said in a note following a call with ASML executives that CFO Roger Dassen "sounded optimistic that commercial discussions with TSMC are nearing conclusion." American depositary receipts (ADRs) of Taiwan Se ...