ASML is the IBD Stock Of The Day as the semiconductor equipment leader chalks up a big sale to major customer TSMC.
(Bloomberg) -- ASML Holding NV became Europe’s second-biggest listed company, overtaking LVMH by market value for the first time ever.Most Read from BloombergBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSES&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapSEC Hedge Fund Fee Disclosure Rule Struck Down by US CourtModi Vows to Retain Power Even as Party Loses India MajorityGoldman Sees ‘Wall of Money’ Fueling Stock Market’s Summer PartyThe shares jumped 8.1% on Wednesd
(Bloomberg) -- NXP Semiconductors NV is teaming up with a company partly owned by Taiwan Semiconductor Manufacturing Co. to build a $7.8 billion chip wafer plant in Singapore, marking a boost for the island nation’s tech ambitions.Most Read from BloombergBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSES&P 500 Hits 25th Record This Year as Tech Soars: Markets WrapSEC Hedge Fund Fee Disclosure Rule Struck Down by US CourtModi Vows to Retain Power Even as Party Loses India Majority