🔴 ASML.AS is trading 4.6% down today on profit-taking after South Korea's $518B chip investment rally

ASML.AS is trading 4.6% down at $1641.60 as investors lock in gains following a powerful multi-day rally that pushed the stock to record levels.

• The recent surge was driven by news of South Korea’s massive 800 trillion won ($518 billion) semiconductor investment plan, which significantly boosted sentiment toward leading chip-equipment suppliers.
• Traders are currently taking profits after the stock reached all-time highs during the previous sessions.