ASML Holding N.V. New York Registry Shares (ASML)
ASML's $50bn wipeout a ‘material overreaction'
Dutch technology giant ASML Holding NV (NASDAQ:ASML)'s valuation was severely punished when reports of a ramping up of existing microchip export restrictions to China emerged from the US on Wednesday. ASML's share price flopped 11% by the closing bell, effectively wiping US$50 billion of value from the company.
ASML Holding: Time To Cash Out (Rating Downgrade)
Downgraded ASML Holding N.V. to “Sell” due to export restrictions to China and uncertain near-term risks. The Biden administration considering severe trade restrictions on companies like ASML selling advanced semiconductor technologies to China. ASML's recovery in new bookings signals broader semiconductor equipment market recovery, but uncertainties remain due to potential export restrictions.
ASML Holding N.V. (ASML) Q2 2024 Earnings Call Transcript
ASML Holding N.V. (NASDAQ:ASML ) Q2 2024 Earnings Conference Call July 17, 2024 9:00 AM ET Company Participants Skip Miller - Vice President, Investor Relations Christophe Fouquet - President and Chief Executive Officer Roger Dassen - Executive Vice President and Chief Financial Officer Conference Call Participants Krish Sankar - TD Cowen Alexander Duval - Goldman Sachs Tammy Qiu - Berenberg Francois Bouvignies - UBS Stephane Houri - ODDO BHF Andrew Gardiner - Citi Chris Caso - Wolfe Research C.J.
Nvidia, ASML and Other Chip Stocks Sink on Worries About Tougher Trade Curbs, Geopolitics
Nvidia (NVDA), Qualcomm (QCOM), and other chip stocks tumbled Wednesday following reports of potential government moves that could negatively impact the sector.
Why ASML Stock Is Down Today
ASML reported better-than-expected quarterly results, but investors are more focused on reports that Washington might tighten restrictions on doing business with China. Although ASML is not a U.S. company, it has felt the pressure of American sanctions.
ASML Stock Alert: ASML Rocks Chip Stocks with China Warning
Dutch chip production equipment giant ASML (NASDAQ: ASML ) and shares of all chipmakers are being dragged down today on a warning about President Joe Biden and his administration's new export restrictions to China. Geopolitical tensions are also hurting chip stocks after Republican candidate former President Donald Trump said that Taiwan should pay for the U.S. defense of its island.
ASML Stock Up 49% In 2024, Falls On Fear Of China Export Curbs
Demand for machines used to build computer chips is likely to increase due to the boom in demand for generative artificial intelligence.
ASML Reports Q2 Results, Joins Spirit Airlines And Other Big Stocks Moving Lower In Wednesday's Pre-Market Session
U.S. stock futures were lower this morning, with the Nasdaq futures falling around 300 points on Wednesday.
Micron, Super Micro, and Big Tech Stocks Fall. Blame ASML, Trump and Shift to Small Caps.
The tech and chip stock rally that has far outstripped the rest of the market so far this year looked set to come to a juddering halt on Wednesday.
Major Chip Stocks Slump After Biden Reportedly Considers More Restrictions On Sales To China
Shares of ASML—Europe's most valuable tech company and maker of the world's most advanced chip-making machines—slumped more than 6% early Wednesday following reports that President Joe Biden may be mulling even harsher trade restrictions to further limit China's ability to manufacture powerful semiconductors.
Chip Gear Giant ASML Tops Q2 Views But Outlook Disappoints
Semiconductor equipment leader ASML beat Wall Street's targets for the second quarter but missed views with its sales guidance.
Microchip stock including ASML, Nvidia plummet on fears of harsher China sanctions
ASML Holding NV (NASDAQ:ASML) shares have plummeted more than 7% despite rallying in the pre market on a bumper second-quarter financial update. Sales in the quarter surged 18% as the Dutch lithographic machinery supplier to the cutting-edge semiconductor manufacturing industry benefited from an ongoing boom in artificial intelligence microchip demand.
