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Shares of Dutch semiconductor equipment maker ASML dropped 16% after releasing financial results earlier than expected. The company provided a downbeat sales forecast, leading to a loss of over $50 billion in market value. ASML expects net sales for 2025 to be lower than its prior estimates, while net sales exceeded expectations. CEO Christophe Fouquet acknowledged the slower-than-expected recovery in non-AI market segments. The early release of financial results was attributed to a technical error.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Shares of Dutch semiconductor equipment maker ASML dropped 16% after releasing
00:07financial results earlier than expected. The company provided a downbeat sales forecast,
00:12leading to a loss of over $50 billion in market value. ASML expects net sales for 2025 to be
00:19lower than its prior estimates, while net sales for the previous quarter exceeded expectations.
00:24CEO Christophe Fouquet acknowledged the slower-than-expected recovery in non-AI market
00:29segments. The early release of financial results was attributed to a technical error.

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