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Shares of ASML increased by 2.8% on Monday, in advance of its third-quarter earnings report, due on Wednesday. This rise followed a broader rally in artificial intelligence-related stocks, signalling optimism from investors about the sustained demand for AI chips. According to forecasts from several research firms, the Dutch chip equipment maker is expected to report solid revenue growth and bookings. However, ASML has underperformed compared to its global peers this year, largely due to concerns over China, Intel, and memory chip demand. These factors led some institutions, such as Morgan Sta…

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