ASML.AS is trading 3.6% down at $1658.80 as investors lock in gains following a powerful multi-day rally that pushed the stock to record levels.
- The recent surge was fueled by the announcement of a combined 800 trillion won ($518 billion) semiconductor investment plan from South Korean giants Samsung and SK Hynix.
- With no new company-specific news, today's move appears to be a period of valuation consolidation as the market reassesses the stock's recent upside.