ASML

2024 - 10 - 15

ASML's Share Plummet: When the Chipmaker Coughs, the Market Sneezes!

asml stock AI technology - ASML - chip stocks - export regulations - Nvidia - Q3 earnings report - semiconductor industry - asml stock

ASML's shocker Q3 report sends shockwaves through the semiconductor market, leaving investors gasping for air!

In a shocking twist of fate that kept investors on their toes, ASML Holding NV, the titan of semiconductor lithography equipment, has seen its shares plummet by a staggering 16%! The drop followed a surprise early release of its third-quarter earnings, which unveiled a disheartening trend: weaker demand for non-AI chips and a significant cut in the company’s annual sales forecast. With ASML's forecast suggesting a tough road ahead, even tech giants like Nvidia are feeling the pinch as this news ripples through the industry like a stone tossed into calm waters.

In their perplexing Q3 report, ASML revealed total net sales of €7.5 billion, but investors were left wanting as bookings came in at only half of what analysts had anticipated. This lukewarm performance not only reflects the current struggles within the semiconductor market but also hints at diminishing consumer demand. With rumors swirling about potential US-export caps on AI chips adding further fuel to the fire, it’s clear that ASML's revelations are striking a nerve in the investor community.

The semiconductor industry is famously volatile, and today's news serves as a stark reminder. ASML, seen as a bellwether for chip stocks, has underscored an alarming trend as it adjusts expectations for 2025 sales downwards. Tech enthusiasts gaze anxiously at the fluctuating graphs because what happens to ASML doesn’t just impact the company, but sends shockwaves throughout the industry, leading to a wave of drops among other major chip stocks.

Here's a head-turning fact: ASML is not just pivotal in semiconductor manufacturing; they are the only company capable of producing extreme ultraviolet (EUV) lithography machines, which are essential for making the most advanced chips today! Since ASML's orders have missed the mark, many are left pondering if the industry can rebound anytime soon. Historically, market fluctuations have often heralded broader economic trends, making ASML’s story one to watch closely for both investors and tech aficionados alike.

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Image courtesy of "Investor's Business Daily"

Chip-Gear Giant ASML Crashes On Q3 Report, Pulls Down Nvidia ... (Investor's Business Daily)

Shares of ASML (ASML), the leading supplier of advanced lithography equipment for making semiconductors, tumbled on Tuesday after the company reported ...

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Image courtesy of "Reuters"

Chip stocks fall on ASML forecast cut, potential US AI chip export cap (Reuters)

U.S. semiconductor stocks fell on Tuesday after chip equipment maker ASML cut its annual sales forecast over weak non-AI chip demand while a report said the ...

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Image courtesy of "CNBC"

Chip company ASML shares plunge 16% after warning of weaker ... (CNBC)

Shares in semiconductor equipment maker ASML fell 16% on Tuesday after the Dutch company published financial results a day early, issuing disappointing sales ...

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Image courtesy of "Reuters.com"

ASML cuts sales forecasts in Q3 earnings published early; shares ... (Reuters.com)

Computer chip equipment maker ASML forecast on Tuesday lower than expected 2025 sales and bookings on sustained weakness in parts of the semiconductor ...

ASML reports €7.5 billion total net sales and €2.1 billion net income ... (GlobeNewswire)

VELDHOVEN, the Netherlands, October 15, 2024 – Today, ASML Holding NV (ASML) has published its 2024 third-quarter results. Q3 total net sales of €7.5 billion, ...

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Image courtesy of "Yahoo Finance"

ASML Shares Plunge as Bookings Miss Signals Chipmaker Woes (Yahoo Finance)

(Bloomberg) -- ASML Holding NV's shares plunged the most in 26 years after it booked only about half the orders analysts expected, a startling slowdown for ...

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Image courtesy of "Financial Times"

ASML shares drop sharply after warning on semiconductor recovery (Financial Times)

The Dutch chipmaker cut its outlook for next year after reporting orders that were only half as much as investors had expected for the third quarter. Chief ...

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Image courtesy of "Investopedia"

ASML Stock Tanks After Its Unexpectedly Early Results Include ... (Investopedia)

U.S.-listed shares of ASML Holding plunged Tuesday after the Dutch semiconductor-gear manufacturer accidentally posted its third-quarter results a day ...

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Image courtesy of "Yahoo Finance UK"

ASML's lowered outlook suggests factory overcapacity, not chip doom (Yahoo Finance UK)

Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip demand ...

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Image courtesy of "Yahoo Finance"

Global Chip Stocks Lose $420 Billion After ASML Sales Warning (Yahoo Finance)

(Bloomberg) -- Investors in chip stocks are facing a fresh gut check after a tepid outlook from key equipment supplier ASML Holding NV sparked a global rout ...

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Image courtesy of "Reuters"

ASML's lowered outlook suggests factory overcapacity, not chip doom (Reuters)

The weaker outlook could reflect some overcapacity at chip factories that had already stocked up on ASML's pricey tools during the pandemic and have become ...

ASML extends losses after large 2025 sales outlook cut (Yahoo Finance)

ASML Holding (AS:ASML) shares plunged more than 16% Tuesday after the semiconductor equipment maker announced deep cuts to its 2025 sales forecast and ...

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Chip Stock Selloff Persists After ASML Warns of Slower Recovery (The Wall Street Journal)

ASML said that while demand for AI remained strong, other market segments were taking longer than expected to recover.

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ASML draws investor scrutiny after warning shocks global chip ... (Reuters)

Investors and analysts are looking sceptically at computer chip equipment maker ASML , they said on Wednesday, after the company cut 2025 financial guidance ...

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ASML Shares Nosedive on Guidance Cut, Lower Orders (Morningstar)

Semiconductor market recovery takes longer than expected, fair value estimate cut.

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Dutch semiconductor giant ASML's shares nosedive after company ... (Fortune)

Shares in Dutch tech giant ASML plunged on Wednesday after the company accidentally released its third-quarter earnings early, which showed a 2025 guidance ...

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Image courtesy of "CNBC"

ASML just gave us a first glimpse into how U.S. chip export curbs will ... (CNBC)

ASML on Tuesday offered the first glimpse into how U.S. restrictions on exports of its advanced chip manufacturing tools to China will impact its sales in ...

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ASML Stock Plummets After Accidental Early Earnings Release and ... (Yahoo Movies)

The Dutch semiconductor equipment maker, which plays a critical role in the global chip production supply chain, released details of its financial performance a ...

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Global Semiconductor Stocks Reel After ASML Delivers Warning on ... (Bloomberg)

The announcement, which was mistakenly released a day early, triggered combined market value losses for an index of US-traded chipmakers plus the largest Asian ...

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Image courtesy of "Financial Times"

ASML pours vinegar on investors' chips banquet (Financial Times)

Purveyor of chipmaking equipment warns of cooling demand, but it's not just customers spoiling the feast.

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Image courtesy of "Bloomberg"

ASML CEO Fouquet Sees Slow Chip Recovery Extending 'Well Into ... (Bloomberg)

ASML Holding NV Chief Executive Officer Christophe Fouquet said he expects the chip market's long-awaited recovery will extend “well into 2025,” following ...

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