
ASML Faces Challenges as Orders Dip and Tariff Worries Loom
Dutch semiconductor giant ASML saw its shares tumble by as much as 7% early Wednesday following the release of its latest earnings report. The disappointing figures revealed net bookings fell short of expectations, casting shadows over the company's financial health.
Impact of US Trade Policies on ASML
Adding to the company's woes, ASML highlighted potential risks from new US trade levies, which could dampen demand for its critical chipmaking equipment. This uncertainty has investors on edge, questioning the future growth trajectory of the semiconductor industry leader.
Market Reaction to ASML's Announcement
By 9:25 am CET, ASML's stock had declined by 6.72%, trading at €565.50. This drop contributes to a 17% decrease in the company's share value since the beginning of the year, signaling a rocky start to 2025 for ASML.
Comments