The semiconductor sector experienced a major shake-up following the unexpected financial report from Netherlands-based ASML. This report caused a 15% drop in ASML’s stock, a first in the company’s history, as it is a leading developer of photolithography systems that play a critical role in computer chip production. This poor performance by ASML not only affected its own stocks but also negatively impacted other major players in the semiconductor sector. NVIDIA’s shares fell by 4.5%, Intel’s by 3.3%, and ARM’s by around 7%.
Giant Loss in the Sector: $420 Billion Loss
Following these developments, the total market value of companies operating in the chip industry and traded on the stock exchange decreased by $420 billion. According to research by financial companies, it remains uncertain whether this loss will deepen in the coming days. While this crisis continues to create concern in the global technology and investment world, we will continue to share updated information should there be further developments on the issue.
