Global Chip Stocks Decline After ASML’s Disappointing Outlook

Global Chip Stocks Decline After ASML’s Disappointing Outlook
Global Chip Stocks Decline After ASML’s Disappointing Outlook

Global chip stocks fell on Wednesday following ASML's disappointing sales forecasts.

ASML shares dropped 5% in early European trading, adding to a 16% decline the previous day.

ASML lost approximately 49.2 billion euros ($53.6 billion) in market capitalization in just one day.

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