ASML Faces Market Turbulence

Dutch semiconductor giant ASML experienced a sharp 7% drop in its shares early Wednesday following the release of its latest earnings report. The report highlighted weaker-than-expected net bookings and raised concerns over potential demand impacts due to new US trade tariffs on chipmaking equipment.

Market Reaction

By 9:25 am CET, ASML's shares had fallen by 6.72%, trading at €565.50. This downturn contributes to a 17% decline in the company's stock value year to date, signaling growing investor unease amidst global trade tensions.