ASML’s stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall (Bloomberg)

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Bloomberg:

ASML’s stock falls the most since 1998 after projecting sluggish sales, erasing €50B from its market cap and causing Nvidia and other chip stocks to fall — – Magnitude of ASML’s forecast cut was a surprise, Citi says — Peer Tokyo Electron among worst hit stocks in Asia, down 10%

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