On July 13, ASML fell 3.06% in regular trading, trading at $1,754.685/share, with turnover of $546 million. The decline came amid a broad selloff across the semiconductor equipment sector, compounded by profit-taking sentiment ahead of ASML's Q2 earnings release scheduled for July 15 pre-market.
The entire semiconductor equipment sector experienced synchronized weakness, with Applied Materials down 3.56%, Lam Research down 5.16%, KLA-Tencor down 3.79%, and Teradyne down 3.96%. Morgan Stanley's Chief Investment Officer recently warned that the semiconductor sector is showing clear overbought signals, reinforcing cautious short-term sentiment.
ASML has accumulated over 11% in losses since the start of July. While multiple investment banks including JPMorgan (target $2,200), Goldman Sachs, Deutsche Bank, and Bernstein have recently raised their target prices, market participants remain divided on EUV equipment delivery pace and full-year guidance, driving intensified profit-taking ahead of the earnings announcement.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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