ASML share plunge wipes over $50 billion off Dutch chip giant’s value
Shares in semiconductor equipment maker ASML fell 16% on Tuesday, after the Dutch company published financial results a day early, issuing disappointing sales forecasts.
ASML’s share plunge led the critical semiconductor firm to lose 48.7 billion euros ($52.99 billion) in market capitalization in a single day, according to CNBC calculations using LSEG data.
Note: ASML continued to trade lower today, down another 6%.