ASML Holding is expected to report higher orders starting in the first quarter compared to recent months, thanks to large clients like Samsung Electronics and Taiwan Semiconductor Manufacturing Co., Jefferies analysts write in a research note. The analysts expect the Dutch semiconductor-equipment maker to post orders of 3.6 billion euros for the fourth quarter of 2024. However, they say these should climb to a range of 5 billion euros to 6 billion euros from the first quarter of 2025. The analysts cited an increase in orders from TSMC as well as the prospect that Samsung might soon be able to supply its high bandwidth memory chips to Nvidia as potential boosts for ASML. ASML shares trade 0.5% lower at 720.80 euros.