Reported about 3 hours ago
ASML Holding NV experienced its largest share decline in 26 years following a substantial miss in third quarter orders, reporting only €2.6 billion compared to an expected €5.39 billion. The company also lowered its revenue guidance for 2025, attributing the disappointing results to a downturn in the semiconductor industry and customer caution. Shares dropped 16% amid concerns over slower recovery and potential impacts from new export controls affecting their operations in China.
Source: YAHOO