After the tepid prospects of key equipment supplier ASML Holdings caused the global chip sector to plummet, chip stock investors are facing a new round of severe tests. The US listed chipmaker plus Asia's largest stocks lost more than US$420 billion in market capitalization. ASML shares continued to fall by 5.0% on Wednesday. The warning issued by ASML in the Netherlands put an end to the rise that had previously driven the US listed stock index to a three-month high. After ASML, which makes the world's most advanced chip manufacturing equipment, lowered its outlook due to weakness outside the field of artificial intelligence, its stock price recorded its biggest drop in Europe since 1998. ASML lowered the upper limit of its 2025 gross net sales forecast range from €40 billion to €35 billion.

Zhitongcaijing · 10/16 08:41
After the tepid prospects of key equipment supplier ASML Holdings caused the global chip sector to plummet, chip stock investors are facing a new round of severe tests. The US listed chipmaker plus Asia's largest stocks lost more than US$420 billion in market capitalization. ASML shares continued to fall by 5.0% on Wednesday. The warning issued by ASML in the Netherlands put an end to the rise that had previously driven the US listed stock index to a three-month high. After ASML, which makes the world's most advanced chip manufacturing equipment, lowered its outlook due to weakness outside the field of artificial intelligence, its stock price recorded its biggest drop in Europe since 1998. ASML lowered the upper limit of its 2025 gross net sales forecast range from €40 billion to €35 billion.