ASML shares fell 16% on Tuesday following the early disclosure of its financial results, which indicated disappointing sales forecasts and lower growth expectations.

This decline affected major players in the semiconductor sector, including Nvidia, Advanced Micro Devices, and Broadcom.

ASML’s financial report projected net sales for 2025 between approximately US$32.7 billion to US$38.1 billion, a downgrade from earlier forecasts.

ASML faces challenges in China due to export restrictions imposed by the US and Dutch governments, hindering its ability to ship advanced chipmaking tools.