ASML Cuts Guidance in the Face of Supply-Chain Issues. The Chip Stock Is Falling.
ASML, a captious supplier of manufacturing instrumentality to the semiconductor industry, chopped its gross guidance for the adjacent 4th arsenic it faces issues including a materials shortage successful its proviso chain, the institution said Wednesday.
Shares successful the Dutch group, which commercialized connected the Nasdaq, fell 2.6% successful U.S. premarket trading, portion the Amsterdam-listed banal was 1.7% little successful aboriginal European trading.
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