AI Summary
ASML has reached the top of Europe's stock market valuation due to surging global demand for AI chips, which depend heavily on the company's dominant market position. The Dutch chipmaking equipment manufacturer could potentially become Europe's first trillion-dollar company if the AI boom continues to drive demand for its products.
By Toby Sterling and Nathan VifflinAMSTERDAM, July 20 (Reuters) - The global artificial intelligence boom has propelled ASML to the top of Europe's stock market, as soaring demand for AI computer chips flows to the Dutch company that dominates the market for the equipment needed to make…