ASML share plunge wipes over $50 billion off Dutch chip giant’s value

(CNBC) Shares in semiconductor equipment maker ASML fell 16% on Tuesday, after the Dutch company published financial results a day early, issuing disappointing sales forecasts. ASML’s share plunge led the critical semiconductor firm to lose 48.7 billion euros ($52.99 billion) in market capitalization in a single day, according to CNBC calculations using LSEG data.

To read this article:

This entry was posted in Uncategorized. Bookmark the permalink.

Comments are closed.