🔴 ASML Holding is trading 3.6% down today as AI spending concerns weigh on chip stocks

ASML Holding is trading 3.6% down at €1382.20 as chip stocks retreat following last week’s sharp rebound.

• The decline aligns with broader semiconductor weakness as sector benchmarks face pressure from renewed concerns over the sustainability of heavy AI-related spending.
• Market sentiment is being impacted by elevated valuations across the industry rather than any fresh ASML-specific news headlines.
• The move suggests a cooling of momentum for the sector after a period of significant recovery in the previous week.