What to expect from Europe’s most valuable company before it kicks off tech earnings

Why it matters

ASML (ASML Holding) · Why linked: The news is directly about ASML's upcoming Q3 earnings report, a major event for the semiconductor equipment sector. Market context: Traders will monitor ASML's Q3 results and forward guidance closely, as the report will set the tone for semiconductor equipment stocks and the broader AI chip supply chain.

SOXX (iShares Semiconductor ETF) · Why linked: ASML is a bellwether for the semiconductor equipment industry, and its results heavily influence the broader chip sector. Market context: ASML's earnings and outlook will likely drive notable movement across the semiconductor ETF as investors read across to peers like TSMC and equipment makers.

TSM (TSMC) · Why linked: TSMC is a major customer of ASML's EUV lithography machines, making it closely linked to ASML's results and outlook. Market context: Strong or weak guidance from ASML will influence sentiment toward TSMC as a key downstream user of advanced chipmaking equipment.