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ASML Shares Drop Amid Trump Tariff Threats, Rattling European Tech Sector

ASML Shares Drop Amid Trump Tariff Threats, Rattling European Tech Sector

Author:

Global Cryptocurrency

Published:

2026-01-20 09:45:02

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BTCCSquare news:

ASML Holding NV tumbled 4% to €1,120.40 in Amsterdam as President Trump's tariff threats on European imports sparked a sector-wide selloff. The lithography machine Maker led declines on the AEX index, which fell 1.73%, while the STOXX 600 posted its worst daily drop in two months.

Tech stocks bore the brunt of the selloff, sliding nearly 3% as volatility gauges spiked. Investors now eye ASML's upcoming earnings and the EU summit for directional cues, with geopolitical risks overshadowing fundamentals. The proposed 25% tariffs—contingent on Greenland's sale to the U.S.—add fresh uncertainty to global semiconductor supply chains.

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