Shares in ASML led a tech rout on Nasdaq on Tuesday after the chip equipment maker warned of a slower recovery in the semiconductor market, in results accidentally published a day early.
The Dutch chipmaker cut its outlook for next year after reporting orders that were only half as much as investors had expected for the third quarter.
Chief executive Christophe Fouquet warned of “customer cautiousness” and a “more gradual” recovery in all areas beyond artificial intelligence.
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