Reported about 20 hours ago
ASML has reported strong Q2 earnings, but has narrowed its growth forecast for 2025 and expressed uncertainty about 2026 due to tariff-related trade risks. This has negatively impacted the chip sector, following a previous AI stock rally. ASML's position as a key supplier of lithography machines highlights the potential delays and cost increases that US chipmakers may face, while Nvidia navigates political challenges in balancing investments between the US and China.
Source: YAHOO