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China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
CNBC· 2025-05-28 18:02
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background.More than $130 billion of value has been wiped off of ASML in under a year amid restrictions on exports to China and U.S. tariff uncertainty Shares of ASML, which is seen as a critical cog in the semiconductor supply chain, hit a record high of over 1,000 euros a piece in July last year for a market capitalization of $429.5 billion, according to data from S&P Capital IQ. That fell to just under $297 billion at the Tues ...