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Tech faces a global rout as the latest outlook from chips machine maker ASML posted an outlook that disappointed investors. Bloomberg's Cagan Koc joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Technology.
ASML Holding (ASML) New York Registry Shares dropped again on Wednesday, a day after the company's early earnings release underwhelmed investors.
ASML's lackluster EPS caused semiconductors to decline yesterday. Nevertheless, Stock Strategist Andrew Rocco explains that Wall Street's expectations, technical factors, and the options market suggest that investors should buy the dip.
Steve Weiss, Founder and Managing Partner of Short Hills Capital Partners joins CNBC's “Halftime Report” to explain why he's dropping ASML from his portfolio.
A day after the stock plunged, investors weren't encouraged by management commentary.
Global semiconductor stocks are facing a fresh gut check after Netherlands-based ASML warned that sales were looking sluggish. ASML stock has now lost more than $65 billion in market value.
ASML Holding N.V. (NASDAQ:ASML ) Q3 2024 Results Conference Call October 16, 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 Joe Quatrochi - Wells Fargo Didier Scemama - Bank of America Mehdi Hosseini - Susquehanna Chris Caso - Wolf Research Francois-Xavier Bouvignies - UBS Alexander Duval - Goldman Sachs Tammy Qiu - Berenberg C.J.
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery in the microchip market will have the sharpest impact on sales to China while having a relatively minor impact on sales of its most advanced systems elsewhere in the world.
A group of Dutch shareholders on Wednesday reacted with dismay to chip equipment maker's ASML's accidental early publication of its third-quarter earnings, but were also sympathetic to what they called a "human mistake."
ASML Holdings (NASDAQ: ASML), the Dutch semiconductor equipment giant, experienced a dramatic stock price crash on Tuesday, falling by 16% in one of its steepest declines in 20 years.