🔴 ASML Holding is trading 3.28% down after Lam Research's weaker outlook spurred chip-equipment selling

ASML Holding is trading 3.28% lower at $1621.73 after Lam Research's weaker outlook triggered a selloff in chip-equipment shares.

• On October 22, 2026, Lam Research fell more than 7% after a weaker outlook citing supply constraints and a lower expected China revenue contribution.
• Technology earnings renewed concerns about AI spending; rising oil prices and Middle East tensions also pressured markets.
• No new ASML-specific negative announcement was identified; available company-specific news was positive, including stronger sales guidance.