Why ASML Holdings, Taiwan Semiconductor Manufacturing, and KLA Corporation Rose in May

What happened
Shares of leading-edge foundry Taiwan Semiconductor Manufacturing (NYSE: TSM) and its equipment suppliers ASML Holdings (NASDAQ: ASML) and KLA Corporation (NASDAQ: KLAC) rallied during the month of May, rising 11.2%, 17.1%, and 14.6%, respectively, according to data

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