Trade Wars: Semiconductor Giant ASML Lost a Third of Its Value.
ASML Lost Over $130 Billion in Market Capitalization
ASML has lost over $130 billion in market capitalization in less than a year due to export restrictions to China and uncertainty regarding American tariffs.
ASML's shares rose to record levels of over 1000 euros per share last July and have fallen to less than 297 billion dollars in market capitalization, which is a problem for the company.
The complications of exporting chips to China and the threat of tariffs from the US President have started to impact semiconductor industry companies like ASML.
ASML remains one of the most important companies in the semiconductor industry, developing the EUV machines necessary for producing advanced chips, and is waiting for market conditions to improve through a potential trade agreement between the US and Europe.
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