US Stock Market Move | ASML Holding NV ADR (ASML.US) rose more than 5%, investing $1.5 billion in the French artificial intelligence startup Mistral AI.
On Monday, ASML.US rose more than 5%, reaching $855.92.
On Monday, ASML Holding NV ADR (ASML.US) rose more than 5%, reaching $855.92. In recent news, ASML Holding NV ADR announced that they will invest 1.3 billion euros (approximately $1.5 billion) in the French artificial intelligence startup Mistral AI, acquiring an 11% stake and becoming the largest shareholder.
According to a statement released by ASML, they will establish a strategic partnership with Mistral AI to explore the use of artificial intelligence models in ASML's product portfolio, as well as in research, development, and operations, in order to benefit ASML customers with faster time to market and higher-performance lithography systems.
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