Dutch Chip Firm ASML Shares Plunge 16% After China Sales Warning
TaiwanPlus News
2024-10-16
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Dutch chip equipment maker ASML's shares plummeted 16% on Tuesday, it's biggest single-day loss in a quarter century. It comes after the critical supplier for the wider semiconductor industry issued disappointing sales forecasts, a likely consequence of stringent U.S. and Dutch chip export controls on their sales to China.
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