ASML Holding is trading 4.04% down at €1533.80 as the stock pulls back from its recent post-earnings rally, tracking broader weakness across the semiconductor industry.

  • The decline follows a period of gains driven by an upgraded 2026 revenue outlook and strong demand for AI-related chipmaking tools.
  • Investors remain cautious regarding elevated capital expenditure and high valuations within the AI infrastructure sector, despite ASML's specific capacity expansion plans.