ASML has drawn unwanted investor scrutiny after warning shocks global chip markets.
Investors and analysts are looking sceptically at computer chip equipment maker ASML, they said on Wednesday, after the company cut 2025 financial guidance, citing weakness in markets other than AI and delayed orders.
The position of ASML, Europe's most valuable technology company, as an essential supplier to chipmakers is not in question. But doubts have emerged over short-term sales, and, for the longer term, whether it can continue to outgrow the overall market.
Tuesday's change to guidance triggered the biggest selloff in ASML's shares in two decades.
Shares fell by another 4.9% to 635.60 euros at 0840 GMT on Wednesday. In July, it had reached an all-time high above 1,000 euros ($1,088) a share, the peak of a decade-long surge based on ASML's dominance of the market for lithography tools, needed to create circuitry.
ASML's executives are expected to address analysts on a cal ...
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