Bearish
ASML stock drops 6% amid concerns over 2028 EUV production plans
ASML's stock declined by 6% following reports that the company is considering increasing its production of extreme ultraviolet (EUV) lithography machines to over 110 units in 2028. This potential expansion raised investor concerns about the company's ability to meet such ambitious targets, leading to the stock price drop.
Key points
- ASML's stock fell 6% after reports of potential 2028 EUV production increase.
- ASML is considering increasing EUV production to over 110 units in 2028.
- The company is nearly sold out for 2027 and targeting at least 80 EUV tools.
Sources
AI-generated from public news sources. Not financial advice.
