ASML Shares Plunge 1.49% as Semiconductor Demand Woes and Geopolitical Risks Push Stock to 69th in U.S. Trading Volume

, 2025, , . equities. The decline came amid mixed signals in semiconductor equipment demand and ongoing geopolitical risks affecting global supply chains. Analysts noted that while long-term growth fundamentals for chipmakers remain intact, near-term volatility persists due to inventory adjustments and fluctuating client capital expenditure plans.

Recent reports highlighted potential delays in EUV lithography adoption timelines at select foundry clients, though ASML's dominant market position in high-end manufacturing tools remains largely unchallenged. The company's exposure to advanced node development continues to draw investor attention, particularly as leading-edge chip production cycles remain capital-intensive and technology-dependent. Market participants are closely monitoring quarterly client spending guidance as a key near-term indicator.

A back-test analysis using equal-weighted top 500 U.S. equities by dollar volume (2022-01-03 to 2025-09-10) reveals the following assumptions: All stocks listed on NYSE/NASDAQ/AMEX since 2022, daily rebalancing at close, zero transaction costs, and split/dividend-adjusted pricing. The methodology ranks securities by daily trading volume and constructs new portfolios each trading day. Results will include both dollar volume metrics and total-return price data across the entire U.S. equity universe during the specified period.