ASML & Microsoft

ASML: ASML led Mistral's previous funding round at a €12 billion valuation and is using Mistral's AI models to accelerate chipmaking equipment production.

Microsoft: Microsoft agreed to spend billions on Mistral's computing infrastructure and will distribute Mistral's technology through Azure. This partnership provides Mistral with stable revenue and expands Microsoft's AI offerings.

ASML: Fell 4% in European Union — European trading; reported higher profit but stock fell.

Microsoft: Less directly impacted; part of hyperscaler spending.

ASML: ASML supplies EUV lithography equipment to SK Hynix for advanced chip manufacturing, benefiting from the company's capacity expansion.

Microsoft: Microsoft is a major hyperscaler investing in AI infrastructure, driving demand for SK Hynix's memory chips.