ASML Faces Market Challenges

Dutch semiconductor giant ASML saw its shares drop by 7% early Wednesday following the announcement of its latest earnings report. The report highlighted weaker than expected net bookings and raised concerns over the potential impact of new US trade tariffs on demand for its critical chipmaking equipment.

Market Reaction

By 9:25 am CET, ASML's shares had fallen by 6.72%, trading at €565.50. This decline adds to a 17% drop in the company's stock value since the beginning of the year, reflecting growing investor unease amidst global trade tensions.