Asian chip stocks fall on ASML's disappointing forecast, possible U.S. export cap

Asian chip stocks fell on Wednesday after Dutch semiconductor equipment maker ASML posted disappointing sales forecasts, driving down global stocks in the sector.Shares of Japanese semiconductor manufacturing firm Tokyo Electron logged the biggest loses, dropping nearly 10%. Renesas Electronics fell over 3%, and Advantest, a testing equipment supplier dipped 0.8%.Taiwan Semiconductor Manufacturing Company and Hon Hai Precision Industry — known internationally as Foxconn — fell as much as 3.3% and 1.6, respe ...