On July 2, ASML fell 3.08% in regular trading, trading at $1,784.625/share, with turnover of $2.411 billion. The decline came amid a broad-based sell-off across the semiconductor equipment sector despite the company's own positive fundamental developments.

On the news front, ASML raised its full-year revenue guidance, confirming strong AI chip manufacturing demand, while Goldman Sachs lifted its target price from €1,770 to €2,000. However, these catalysts failed to offset systemic selling pressure across the sector. Within the Semiconductor Equipment industry, peers suffered even steeper declines: Onto Innovation fell 14.04%, Teradyne dropped 11.63%, KLA-Tencor declined 10.79%, Lam Research lost 8.98%, and Applied Materials fell 8.59%.

The sector had accumulated significant gains in recent weeks — the related ETF surged approximately 31% over two weeks — triggering broad profit-taking. The Philadelphia Semiconductor Index had already plunged over 5.87% in the prior session, and selling momentum carried through despite multiple analyst upgrades across the space.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)