ASML and ASMI rebound as Amsterdam shares recover losses
The AEX recovered its previous day’s losses as ASML and ASMI rose, after Nvidia’s chief executive rejected concerns about financing at data-centre firm CoreWeave.
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Amsterdam’s AEX index rose 0.4% shortly after opening on Friday, recovering the previous day’s losses as chip stocks rebounded after Nvidia chief executive Jensen Huang dismissed concerns about financing problems at data-centre company CoreWeave. [1]
ASML shares gained 1.8% and chip-equipment maker ASMI rose 1.2%. Rival Besi fell 0.4%. The AEX stood at 1,137.08 points.
Earlier in the week, worries about CoreWeave’s debt burden — and its role as an important Nvidia customer — had contributed to a global sell-off in AI-related shares, according to the report. Huang’s remarks helped lift sentiment in the sector on Friday.
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