U.S. Stock Movement | ASML rises over 5% after $1.5 billion investment in French AI startup Mistral AI
On Monday, ASML rose more than 5%, closing at $855.92. In news, ASML announced that it is investing €1.3 billion (approximately $1.5 billion) in the French artificial intelligence startup Mistral AI and acquiring an 11% stake, becoming the largest shareholder. According to a statement released by ASML, it 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, benefiting ASML's customers with faster time-to-market and higher performance lithography systems
According to the Zhitong Finance APP, on Monday, ASML (ASML.US) rose over 5%, closing at $855.92. Recently, ASML announced that it would invest €1.3 billion (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 from ASML, it 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, benefiting ASML's customers with faster time-to-market and higher performance lithography systems
