asml holding performance exploded, orders only half of market expectations, lowered next year's sales target, stock price plunged more than 17% at one point.
ASML Holding's net sales in the third quarter were 7.47 billion euros, with analysts expecting 7.17 billion euros. Third-quarter orders were 2.63 billion euros, with analysts expecting 5.39 billion euros.
Shares of Chip Stocks Are Trading Lower in Sympathy With ASML, Which Fell After Issuing Soft Guidance. Some Stocks in the Sector May Also Be Down on Reports Indicating the US Is Discussing Curbing Chip Exports to Some Countries.
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