ASML caught fire, global chip stocks affected?

ASML's new orders in the first quarter were far below expectations, dragging down global chip stocks. ASML explained that the decline in orders was mainly due to a decrease in demand for the most advanced EUV lithography machines. This impact caused ASML's stock price to fall by 7.09%. Other chip stocks were also affected, with Micron Technology, Broadcom, Qualcomm, Intel, and Arm all experiencing declines in their stock prices. Analysts believe that chip stocks may experience volatility. Furthermore, the decrease in ASML orders also serves as a reminder that many industries, apart from artificial intelligence technology, are still facing challenges of slowing demand