US Stock Market Move | Positive long-term revenue prospects are seen as ASML Holding NV ADR (ASML.US) rose over 4% in pre-market trading.

On Thursday, ASML Holding NV ADR (ASML.US) rose more than 4% in pre-market trading, reaching $703.39. On the news front, ASML Holding NV ADR reiterated its optimism for long-term revenue prospects, betting on the booming demand for semiconductors driven by artificial intelligence. According to a statement released by ASML Holding NV ADR on Thursday, the company expects sales to be between 44 billion euros and 60 billion euros by 2030, consistent with previous forecasts. ASML Holding NV ADR's Chief Financial Officer Roger Dassen stated in the statement: "We have confirmed our capital allocation strategy and expect to continue returning significant cash to shareholders through increased dividends and stock buybacks." The company also expects gross margins to be between 56% and 60% by 2030.