Stock Movers ASML Surges, Richemont Gains, Barrat Redrow Up
Jul 15, 2026
Chloe Millet, Bloomberg reporter who covers European markets and companies, breaks down big moves in semiconductors, luxury goods and housebuilders. She explains ASML raising guidance and capacity plans. She highlights Richemont’s surge driven by Cartier demand and secondhand watch signals. She covers Barratt Redrow’s £400m return to shareholders and what it means for UK builders.
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ASML Upgrade Signals Strong AI Chip Investment
- ASML upgraded full-year guidance and set multi-year capacity expansion targets, signaling sustained AI-driven demand for chipmaking equipment.
- Intel begun using ASML's most advanced machines and TSMC's upcoming report will test the durability of hyperscaler AI spending.
ASML Move Lifted The Semiconductor Pack
- ASML's positive news buoyed the broader semiconductor sector, lifting names like BE Semi and ASM on expectations of continued AI infrastructure spending.
- Intel's adoption of costly advanced tools served as a market validation that encouraged sector-wide gains ahead of TSMC's report.
Richemont Rally Fueled By Cartier Jewelry Demand
- Richemont posted a major sales beat driven by wealthy American demand for Cartier rings and bracelets, pushing the stock to record highs.
- Sales rose across all regions including a recovery in the Middle East, differentiating jewellery resilience from other luxury goods.