ASML shares fell approximately 3.8% on July 17. The decline occurred during a broader sell-off across European semiconductor and technology stocks. Market analysts attributed the move to profit-taking and a sector-wide rotation following a recent rally.
The downturn followed a strong second-quarter earnings report where ASML beat market expectations. The company raised its 2026 revenue guidance to a range of €43 billion to €45 billion. This outlook is driven by exceptionally strong demand from the AI sector. Multiple financial firms raised their price targets following the July 15 announcement.
Separately, ASML is awarding a share package valued at €20,000 to each of its 44,500 employees. This incentive plan is designed for long-term retention. Shares will be distributed to employees who remain with the company until the beginning of 2030.