ASML Slides 0.7% with 44.68% Volume Drop Ranked 92nd as U.S.-EU Trade Deal Offers Potential Relief

On August 1, ASML (ASML) closed at $689.00, down 0.70% with a trading volume of $1.12 billion, marking a 44.68% decline from the previous day’s volume. The stock ranked 92nd in trading activity across the market.

Recent developments highlighted ASML’s exposure to global trade dynamics. A U.S.-EU trade agreement announced over the weekend eliminated tariffs on semiconductor equipment imports from the EU, potentially benefiting ASML. The firm, a key supplier of extreme ultraviolet (EUV) lithography systems, had faced headwinds due to earlier tariff uncertainties. Analysts noted that the deal could stabilize demand for its high-end tools, which are critical for advanced chip production.

However, investor sentiment remains cautious. Erste Group downgraded ASML to “Hold” from “Buy,” citing slower-than-expected revenue growth in 2026. The analyst pointed to reduced AI-driven demand for cutting-edge equipment and potential overvaluation in the semiconductor capital goods sector. Meanwhile, competitors like Lam Research and KLA Corporation also faced declines, reflecting broader sector volatility linked to shifting AI and consumer electronics demand.

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