ASML.BA is trading at 7% down now at $19,800 after a sharp selloff tied to renewed concerns about ASML’s ability to grow in 2026 under mounting U.S. tariff and geopolitical uncertainty.[2][4] Recent coverage highlights management’s warning that 2026 revenue growth cannot be confirmed, which triggered a double‑digit drop and broader sector weakness.[2][3][4] The stock’s move comes despite generally positive global equity market sentiment. Investors remain focused on export controls, AI demand sustainability, and tariff negotiations, keeping pressure on ASML’s valuation.[2][4][5]