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Why ASML Holdings Sank 12% This Week

TheMotleyFool

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Why ASML Holdings Sank 12% This WeekPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

Shares of ASML Holdings (NASDAQ: ASML) fell 12% this week through Thursday trading, according to data from S&P Global Market Intelligence.

The semiconductor equipment giant, which has a monopoly on crucial EUV technology needed for making advanced semiconductors and memory, sold off along with the sector on Tuesday as economic fears re-emerged.

Adding insult to injury, a Wall Street analyst also downgraded shares on Wednesday, citing too-optimistic growth projections for 2026 and beyond.

Source Fool.com

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