Why ASML Holding Stock Is Down 15% This Month
Portfolio Pulse from Henry Khederian
ASML Holding NV's stock has dropped 15% in October due to a downward revision of its 2025 sales forecast, despite strong Q3 results. The company expects softer demand outside AI and high-performance computing, impacting its growth trajectory.
October 29, 2024 | 3:24 pm
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ASML Holding NV's stock has declined 15% in October following a downward revision of its 2025 sales forecast. Despite strong Q3 results, the company anticipates softer demand outside AI and high-performance computing, affecting its growth outlook.
The 15% drop in ASML's stock is directly linked to the company's revised 2025 sales forecast, indicating weaker demand in certain sectors. Despite strong Q3 results, the market is reacting to the anticipated challenges in growth, particularly outside AI and high-performance computing.
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