ASML shares drop 6.5% after the chip giant says it can't confirm that it will grow in 2026
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. ASML on Wednesday warned of the possibility of no growth in 2026, even as it beat top and bottom line expectations for the second quarter. ASML's guidance for the current quarter missed expectations while it narrowed its own forecast for the rest of the year. Shares of ASML dropped 6.5% in early trading, shortly after European markets opened. Like many companies in the semiconductor industry, ASML has