The semiconductor equipment maker faces a near-term slowdown.ASML (ASML -3.32%) is one of the most important semiconductor equipment suppliers in the world. The Dutch company is the largest producer of lithography systems, which are used to optically etch circuit patterns onto silicon wafers, and it's the only supplier of high-end extreme ultraviolet (EUV) lithography systems.All of the world's top foundries -- including Taiwan Semiconductor Manufacturing (NYSE: TSM), Samsung, and Intel (NASDAQ: INTC) -- us ...

Could Plummeting AI Stock Prices Delay an NVIDIA Stock Split? Shutterstock / Piotr Swat AI stocks were sold off big on Friday. NVIDIA (Nasdaq: NVDA) closed down an even 10% while Super Micro Computer (Nasdaq: SMCI) plummeted 23.14%. There were some earnings in the AI space that spooked investors during the week (both Taiwan Semi and ASML fell after earnings), but the reality is that Friday was likely just a rotation out of AI stocks that are seen as risky ahead of earnings season. If you’ve been investing ...

It's not a bargain buy, but it is a business gearing up for a boom.Dutch tech giant ASML Holdings (ASML -3.32%) makes equipment that's crucial for the semiconductor market. And on April 17, the company reported financial results that sent the stock sliding.For context, before the financial report, ASML stock was up roughly 50% over the past year and had even hit an all-time high. At its peak, the company was valued at over $400 billion, fueled by investor enthusiasm for artificial intelligence (AI).AI fuels ...

Why AI Leader Nvidia Dipped 10% This Week Shutterstock / rafapress AI phenomenon Nvidia (Nasdaq: NVDA) got the wind taken out of its sails this week. After tumbling 10% from fresh all-time highs of almost $1,000 seen in March, Nvidia stock found itself slipping below the psychologically sensitive $800 level.Given its roughly 5% weighting in the S&P 500, Nvidia’s performance also weighed on the broader markets, dampening the mood and reminding investors of just how influential big tech stocks can be, in go ...

Chip stocks took a hit on Apr 17, 2024 following ASML Holding's (ASML) – a world leader in the manufacture of advanced technology systems for the semiconductor industry – announcement of a steep decline in bookings during the first quarter, catching investors off guard.Shares of ASML – as the primary supplier of equipment for advanced chip manufacturing – slumped 7.1% in the key trading session on Apr 17, 2024. The news acted as a cornerstone for the entire semiconductor industry. Leading chip companies – A ...

No growth in 2024 should give way to a much stronger 2025.Semiconductor equipment provider ASML (ASML -7.09%) is off to a rough start this year. Demand is muted, particularly for equipment that doesn't use extreme ultraviolet lithography.ASML's revenue sank 22% year over year to 5.29 billion euros in the first quarter. Net bookings and the number of new lithography systems sold slumped, as well. For the full year, the company expects total revenue to be roughly flat, compared to 2023.ASML stock took a mild ...

The stock market today fired another loud warning shot across the bow for growth investors. Wednesday's earnings-fueled decline placed the market outlook on the tipping point for a potential new downgrade. X With earnings news revving into higher gear, it's clear that institutions have sought to downshift their positions in a variety of sectors —… ...

The first quarter of 2024 was pretty much a continuation of what investors saw in 2023. The tech-laden Nasdaq 100 index that gained 51% last year was up almost 10% over the first three months of the new year.April is off to a slower pace, with the index down 3% so far. Inflation reared its head again, putting in doubt when or if the Federal Reserve will cut interest rates. That could result in costs remaining high for businesses looking to finance their next growth project. That could mean Q1’s best-perform ...

Workers at Carl Zeiss ZMT are seen outside giant vacuum chambers where optical systems for ASML's new High NA EUV tool are tested.Chip stocks fell on Wednesday after ASML, a key developer of semiconductor manufacturing equipment, said that bookings fell by 61% sequentially during the first quarter, a steeper drop than investors had expected. During trading on Wednesday, AMD's stock fell over 4%, Nvidia shares fell about 3%, Intel shares fell nearly 2% and Qualcomm was off 2%. But the biggest drop affected c ...

Shares of the chip equipment manufacturer pulled back after a disappointing earnings report.Shares of ASML Holding (ASML -7.34%), the leading manufacturer of semiconductor producing equipment, were moving lower today after the company turned in disappointing results in its first-quarter earnings report.As of 11:54 a.m. ET on Wednesday, the stock was down 7.4% on the news. ASML comes up shortRevenue was down 22% from the quarter a year ago as the company transitions to new technology to prepare for the AI bo ...