The company has taken quite a few hits to its shares after reporting first-quarter results.Until very recently, it seemed that ASML (ASML 2.04%) stock would continue to defy gravity. Investors kept piling into the stock of the semiconductor equipment specialist as they thought it would ride the hot technology of our day -- artificial intelligence (AI) -- to ever-greater heights.But then came the company's first-quarter earnings report in mid-April. Currently in the midst of a strategic transition, ASML repo ...