Overview

• ASML invested €1.3 billion in Mistral AI on September 9, becoming the French startup’s largest shareholder.
• The collaboration targets integration of Mistral’s AI models into ASML’s R&D and product offerings to enhance lithography and related processes.
• Arete Research upgraded ASML to Buy for the first time in seven years and set a €879 price target.
• UBS raised its rating to Buy on September 5, citing renewed confidence in the company’s lithography outlook tied to future TSMC nodes.
• ASML shares rose 6.56% to $867.30 after an analyst upgrade, and an SEC filing showed SCS Capital added 706 shares worth about $468,000.