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Asml shares plunged 15.7% on tuesday, the worst drop since the chipmaker went public in 2002, after an early earnings release revealed a lowered sales outlook for 2025. Summary multiple semiconductor stocks, including micron (mu), applied materials (amat), and kla corporation (klac), experienced significant drops due to an accidental leak from asml holdings (asml, financial) Asml shares plunged 15.7% on tuesday, the worst drop since the chipmaker went public in 2002, after an early earnings release revealed a lowered sales outlook for 2025
The dutch semiconductor equipment giant saw its stock drop sharply after lowering. This discrepancy between strong current performance and weak future demand. The leaked results revealed a 53% drop in bookings, far below market expectations, despite a 20% increase in net sales to 7.5 billion
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