Should You Buy ASML Stock Following Its Latest Crash?
ASML Holding(ASML) The Motley Fool·2024-10-18 10:15
The semiconductor equipment giant's stock plunged following its latest quarterly report.ASML Holding (ASML 2.50%) released its third-quarter 2024 results a day earlier than expected, and it delivered a rude shock to investors who were expecting robust growth thanks to the booming demand for semiconductors on the back of the thriving market for artificial intelligence (AI) chips.Instead, the Dutch chipmaking equipment supplier reported a sharp decline in bookings and also tempered its expectations for 2025. ...