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ASML's stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other ch


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2024-10-16 09:37:45
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Cybersecurity Business

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Bloomberg:

ASML's stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall  —  - Magnitude of ASML's forecast cut was a surprise, Citi says  — Peer Tokyo Electron among worst hit stocks in Asia, down 10%




Bloomberg:

ASML's stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall  —  - Magnitude of ASML's forecast cut was a surprise, Citi says  — Peer Tokyo Electron among worst hit stocks in Asia, down 10%



Source: TechMeme
Source Link: http://www.techmeme.com/241016/p9#a241016p9


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