ASML Stock Tumbles 6% As Investors Weigh China Risk — But Wall Street And Retail Investors Dismiss Selloff
A Shanghai-based company aims to supply tools to domestic chipmakers as China seeks greater semiconductor self-reliance, according to a report in The Information. JPMorgan told investors the selloff “seems disproportionate to what has been indicated in the report.” The firm stressed that producing a limited number of immersion DUV tools does not equate to delivering … Read more