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Global Chip Stocks Plummet After ASML's Forecast Shock!
8 months ago
9
Finance & Crypto
ChipStocks
ASML
Semiconductors
StockMarket
GlobalMarkets
Nvidia
AMD
TechStocks
Investing
WealthyBusiness
Global chip stocks took a hit after Dutch semiconductor giant ASML posted disappointing sales forecasts, causing its shares to drop 16% in one day, wiping out over $53 billion in market value. This sent ripples through the sector, dragging down other semiconductor stocks across Europe and Asia. Notably, Japan's Tokyo Electron fell nearly 10%, and Nvidia dropped 4.7%. ASML warned of slower-than-expected recovery, adding pressure to the global semiconductor market.
#ChipStocks, #ASML, #Semiconductors, #StockMarket, #GlobalMarkets, #Nvidia, #AMD, #TechStocks, #Investing, #WealthyBusiness
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