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Why Semiconductor Equipment Stocks ASML Holdings, KLA, and Lam Research Plunged Today
ASMLASML Holding(ASML) The Motley Fool·2025-03-10 20:25

Shares of semiconductor equipment stocks ASML Holdings (ASML -6.71%), KLA (KLAC -4.63%), and Lam Research (LRCX -6.58%) were plunging on Monday, down 6.8%, 4.7%, and 6.7%, respectively, as of 3:52 p.m. ETSemiconductor stocks are long-term growers, but they also have cyclical qualities as well. Therefore, today's fears over a tariff-induced recession is causing a big sell-off.In addition, tariffs that increase trade tensions with China tend to especially complicate things for semiconductor stocks. This is be ...