ASML Holding is trading 3.7% down at €1536.60 as its recent post-earnings rally stalls amid a broader investor rotation out of semiconductor and AI-related names.

  • Profit-taking is weighing on the stock following concerns over elevated AI infrastructure spending and high sector valuations.
  • The decline aligns with an intensified global sell-off in technology and chip stocks, further pressured by ongoing worries regarding export controls.