ASML is trading higher as investors digest the company's record third-quarter results, which featured 11.7 billion euros in revenue and a gross margin expansion to 57.5 percent. Despite a broader sell-off in the artificial intelligence sector, the stock is finding support from the company's robust order visibility extending through 2030 and its ongoing share buyback program, which saw the firm repurchase approximately 352 million euros worth of shares between October 12 and 16. Analysts continue to highlight the company's monopolistic position in EUV lithography as a critical bottleneck for AI chip production, helping to sustain sentiment even as the wider semiconductor industry faces increased volatility.