16%的跌幅是阿斯麦26年来的最大跌幅，与20多年前互联网泡沫破裂时的诺基亚和沃达丰集团一样，是欧洲单日跌幅最大的公司之一。Asml lowered its performance guidance citing delays in chip factory construction, shocking investors, causing the company's market cap to evaporate more than 60 billion euros (equivalent to 65.3 billion dollars).
Jitong Finance App noted that due to the downward revision of performance expectations, the shares of lithography giant Asml (ASML.US) plummeted, with its position as Europe's most valuable tech company being taken over by software company SAP (SAP.US).
On Tuesday, Asml lowered its performance guidance citing delays in chip factory construction, shocking investors and causing the company's market cap to evaporate more than 60 billion euros (equivalent to 65.3 billion dollars). The orders received by the company in the third quarter were also only about half of what analysts had expected.
The 16% drop is Asml's largest drop in 26 years, making it one of Europe's largest single-day decliners, akin to Nokia and Vodafone Group during the burst of the Internet bubble over 20 years ago.
Meanwhile, benefiting from a significant increase in cloud computing revenue, SAP's stock price has risen by 52% this year. Part of the growth is due to the continuous increase in demand for ai applications. The last time Asml lagged behind SAP in terms of market cap was in 2020.
SAP announced a restructuring plan this year as part of its efforts to integrate ai into SAP software to help enterprise customers improve efficiency. The company will release its third-quarter performance next Monday.
As of press time, SAP's stock price rose by 1.1% to 212.15 euros, reaching a market cap of 261 billion euros.
Since reaching a record high in July, ASML's stock price has fallen by more than one-third, due to the possibility of the USA imposing more restrictions on its business in China, as well as the overall weakness of the semiconductor industry. The index fell by 5% on Wednesday.
Its customer, Intel, is cutting costs through restructuring, which includes delaying plans for factories in Germany and Poland. Customers like Samsung Electronics, storage chip manufacturers, are also closely monitoring their expenses.
The downturn in the chip industry has led to a significant decrease in ASML orders.
ASML's performance is poor, and the company mistakenly released financial results one day early, exacerbating its weak performance. ASML stated in a declaration that the early release of the financial report was due to a technical error. The company will hold a conference call with investors in Amsterdam at 3 p.m. on Wednesday.
