Why ASML Holding, Applied Materials, and Ambarella Soared in July
Shares of semiconductor stocks ASML Holding (NASDAQ: ASML), Applied Materials (NASDAQ: AMAT), and Ambarella (NASDAQ: AMBA) rallied in July, up 21.8%, 16.5%, and 32.2%, respectively, according to data from S&P Global Market Intelligence. In the second quarter, ASML reported revenue of 5.4 billion euros ($5.49 billion) and earnings per share of 3.54 euros.