ASML shares take a beating as orders stall


The Dutch company lowered its guidance for 2025 and reported bookings of €2.6bil (US$2.8bil) in the third quarter. — Reuters

AMSTERDAM: ASML Holding NV’s shares plunged the most in 26 years after it booked only about half the orders analysts expected, a startling slowdown for one of the bellwethers of the semiconductor industry.

The Dutch company, which makes the world’s most advanced chipmaking machines, lowered its guidance for 2025 and reported bookings of €2.6bil (US$2.8bil) in the third quarter, missing an average estimate of €5.39bil by analysts surveyed by Bloomberg.

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