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Bank of America says this chip stock could be one of the best AI plays

Bank of America said ASML shares could rally more than 20% as the market leader in lithography technology.

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European chip stocks rally on Nvidia boost

Nvidia rocketed as much as 28% on Wall Street in afterhours trading on Wednesday. That lifted the Silicon Valley company's market value by about $200 billion, extending its lead as the world's most valuable chipmaker.

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