The significant factors for the decline in the stock prices of semiconductor-related companies are the lower-than-expected revenue and net profit in ASML's Q1 2024 earnings announcement. ASML is a globally leading company in semiconductor manufacturing equipment, and its performance has a significant impact on investor sentiment in semiconductor-related stocks. It is believed that the disappointing earnings this time led to selling pressure on related stocks due to increased concerns about the overall industry's demand slowdown.
I don't think there is a direct relationship between ARM and ASML...
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more