Why ASML Holdings Fell 11.8% in July
ASMLASML Holding(ASML) The Motley Fool·2024-08-09 02:38

The EUV lithography maker reported solid earnings, but general fears over the extended AI trade brought it down.Shares of key semiconductor equipment supplier ASML Holdings (ASML 4.12%) fell 11.8% in July, according to data from S&P Global Market Intelligence.ASML makes extreme ultraviolet lithography (EUV) machines crucial to making cutting-edge semiconductors for artificial intelligence (AI) applications. So expectations were high heading into the month, with ASML up about 40% on the year heading into Jul ...