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23 ASML loses $75.7 billion market cap from updated sales projections, likely due to lower demand from China and delayed Intel fab

Tom's Hardware
Tom's Hardware 1 place · 10/16/2024 15:11 EDT

ASML loses $75.7 billion market cap from updated sales projections, likely due to lower demand from China and delayed Intel fab

ASML lowers its 2025 outlook because of normalization of demand from China, Intel's delay of European fabs, and overall spending in the semiconductor sector.

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