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Tuesday, October 15, 2024

ASML plunges as export restrictions appear to take hold


ASML headquarters in Silicon Valley

Sundry Photography/iStock Editorial via Getty Images

ASML Holding (NASDAQ:ASML) plunged following a lower-than-expected forecast for 2025 due in part to tighter export controls in the Netherlands.

ASML plummeted 17% by late afternoon trading on Tuesday following the release of its third quarter financial results and outlook.

“ASML reported



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