ASML's performance fell short of expectations, with a straight-line plunge during trading, dropping by as much as 15% at one point.<img src="https://pub.pbkrs.com/uploads/2024/974877c05c4fdcc18778dba96f022f8c?x-oss-process=style/lg" alt="" original-src="https://pub.pbkrs.com/uploads/2024/974877c05c4fdcc18778dba96f022f8c"/>Dragging down the semiconductor sector, NVIDIA fell by 6% at one point, AMD by 5%, Taiwan Semiconductor by 3%, Broadcom by 4%, the Philadelphia Semiconductor ETF by 3.5%, and SOXL by over 13% at one point.On the news front, ASML's third-quarter orders were 2.63 billion euros, below the market's expectation of 5.39 billion euros. In addition, ASML expects net sales in the fourth quarter to be between 8.8 billion euros and 9.2 billion euros, with the market expecting 8.95 billion euros. The expected full-year net sales are 28 billion euros, with the market expecting 27.71 billion euros.Furthermore, on October 15th local time, foreign media cited sources as saying that the U.S. is discussing setting limits on export licenses for U.S. companies such as NVIDIA and AMD for certain countries' artificial intelligence (AI) chips. These restrictions will focus on Gulf countries, where the demand for AI data centers is growing, and the measures will impact the AI capabilities of some countries

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ASML's third-quarter orders were 2.63 billion euros, below market expectations of 5.39 billion euros. In addition, ASML expects fourth-quarter net sales to be between 8.8 billion euros and 9.2 billion euros, while the market expects 8.95 billion euros

- ASML's performance fell short of expectations, leading to a sharp decline of 15% in its stock, which negatively impacted the semiconductor sector.  
- The company reported third-quarter orders of €2.63 billion, significantly below the market expectation of €5.39 billion, and projected fourth-quarter net sales between €8.8 billion and €9.2 billion.  
- Additionally, discussions in the U.S. regarding export license limits for AI chips from companies like NVIDIA and AMD could affect AI capabilities in Gulf countries, which have increasing demand for AI data centers.

ASML experienced a sharp drop of over 15% at one point, with Q3 orders significantly below market expectations, dragging down the semiconductor sector