BTCC
/
BTCC Square
/
Global Cryptocurrency
/
ASML Stock Drops Amid Economic Uncertainty Despite Strong Q2 Results
ASML Stock Drops Amid Economic Uncertainty Despite Strong Q2 Results
13
3
BTCCSquare news:
ASML shares fell 6.5% to $823 during European trading after the Dutch semiconductor equipment Maker warned of growth headwinds in 2026. The decline comes despite reporting €7.7 billion in Q2 net sales and €2.3 billion net income, beating expectations.
Analysts point to financial struggles at key clients Intel and Samsung as contributing factors. Both tech giants recently reported their first profit declines in two years, potentially dampening demand for ASML's cutting-edge chipmaking tools.
The company maintains full-year guidance of 15% sales growth with 52% gross margins, though Q3 revenue projections of €7.4-7.9 billion fell short of analyst expectations for €8.3 billion.
By:
Previous
PI Token Nears Historic Lows Despite AI Push and Ecosystem Expansion
Next
Toncoin (TON) Breaks $3.10 Resistance, Targets $3.59 EMA as Bulls Charge Ahead
