ASML Faces Significant Share Drop Following Earnings Report

Dutch semiconductor giant ASML experienced a sharp decline in its shares, dropping as much as 7% on Wednesday morning. This downturn came immediately after the release of the company's latest earnings report, which revealed weaker than expected net bookings.

The report also highlighted potential challenges ahead, citing uncertainty from new US trade levies that could dampen demand for ASML's critical chipmaking machinery. By 9:25 am CET, shares had fallen by 6.72% to €565.50, marking a 17% decrease year to date.