ASML shares are trading lower after TSMC reportedly told its suppliers to postpone the delivery of high-end chipmaking equipment.
Portfolio Pulse from Benzinga Newsdesk
ASML shares are trading lower after TSMC reportedly asked its suppliers to delay the delivery of high-end chipmaking equipment.
September 15, 2023 | 11:35 am
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ASML's stock price is falling due to TSMC's request to delay the delivery of high-end chipmaking equipment.
ASML, a supplier of high-end chipmaking equipment, is directly impacted by TSMC's decision to delay deliveries. This could potentially affect ASML's revenues and profitability in the short term, leading to a decrease in its stock price.
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