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ASML’s Stock Drop Amid AI Chip Fears | Raleigh News
Published 1 day, 1 hour ago
Description
ASML’s stock plunged 18% despite strong earnings and revenue forecasts, fueled by investor fears over Anthropic’s potential custom chips and China’s rumored deep UV machine progress — but the real story is ASML’s dominance: its next-gen EUV tech remains unmatched, net sales jumped 21%, margins beat targets, and demand for AI chips continues to surge.
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