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Investor's Business Daily

Investor's Business Daily

Chip-Gear Giant ASML Crashes On Q3 Report, Pulls Down Nvidia, Other Stocks

Investor's Business Daily
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Dutch semiconductor equipment maker ASML plunged 16.3% to close at 730.43 on the stock market today .

ASML reported a jump in third-quarter profit, but signaled major headwinds ahead.

The Philadelphia semiconductor index, known as SOX , dropped 5.3% . ASML guided to fourth-quarter revenue of 8.8 billion to 9.2 billion euros.