Chip stocks fall as ASML's weak outlook raises concerns of non-AI chip demand
AI chip giant Nvidia (NVDA.O), which had briefly surpassed Apple as the world's most valuable company the previous day, dropped 4.5%, wiping out about $158 billion from its market cap, widening the gap with Apple's value of $3.56 trillion.
ASML’s outlook sparked an overreaction from investors. It’s creating another buying opportunity for AI stocks.
ASML Holding NV Chief Executive Officer Christophe Fouquet said he expects the chip market’s long-awaited recovery will ...
ASML stock plummeted 26% in two days due to earnings released early and disappointing guidance. Read more about ASML stock ...
At $730 per share, ASML stock looks reasonably valued at 27 times forward earnings. However, it could remain under pressure ...
The demand for AI "is real," said CC Wei, TSMC's chairman and CEO.
STORY: Semiconductor stocks recovered some ground on Wednesday, after a downbeat forecast from chip equipment maker ASML ...
ASML's significant decline in net bookings indicates the semiconductor industry's adaptation to post-pandemic market ...
Nvidia shares hit another record high Thursday as concerns earlier this week about a softening in the semiconductor market ...
A day after a profit warning that rocked the stock market, executives at ASML Holding said the slower-than-expected recovery ...
ASML Holding NV has lost more than €60 billion ($65.3 billion) in market value since it reported weak orders for its ...
By Toby Sterling and Nathan Vifflin AMSTERDAM (Reuters) -Investors and analysts are looking sceptically at computer chip ...
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