--- title: "Top 20 US stock turnover on October 15: ASML's performance collapse triggers a plunge in US chip stocks" type: "News" locale: "en" url: "https://longbridge.com/en/news/216907707.md" description: "ASML performed poorly in the US stock market, with its stock price falling by 16.26% and trading volume reaching USD 6.996 billion. Due to the early release of its financial report, despite revenue exceeding expectations, the order volume was only half of the market's expectations, and next year's sales target and gross margin guidance were lowered. In the third quarter, ASML's system sales in China accounted for 47% of the total. Analysis suggests that ASML's financial report and outlook downgrade may indicate the deflation of the AI bubble" datetime: "2024-10-15T20:58:22.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/216907707.md) - [en](https://longbridge.com/en/news/216907707.md) - [zh-HK](https://longbridge.com/zh-HK/news/216907707.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/216907707.md) | [繁體中文](https://longbridge.com/zh-HK/news/216907707.md) # Top 20 US stock turnover on October 15: ASML's performance collapse triggers a plunge in US chip stocks ASML, ranked 6th, fell by 16.26%, with a trading volume of $6.996 billion. The Dutch optical technology giant ASML was originally scheduled to release its third-quarter financial report on Wednesday, but due to operational errors, the report was prematurely posted on the website during Tuesday's early trading session in the US stock market. As a result, the poor performance surprised the market: although revenue exceeded expectations, orders were only half of the market's expectations, while next year's sales targets and gross margin guidance were lowered. The company stated that ASML's system sales in the Chinese market accounted for 47% in the third quarter, down from 49% in the previous quarter, still being ASML's largest market. It is estimated that the contribution of the Chinese market to the company's total revenue in 2025 will be approximately 20%. Financial media ZeroHedge believes that ASML's dismal financial report and outlook downgrade may indicate that the AI bubble is deflating ### Related Stocks - [ASML Holding N.V. (ASML.US)](https://longbridge.com/en/quote/ASML.US.md) ## Related News & Research - [ASML Selling $7.9 Billion EUV Equipment to SK hynix](https://longbridge.com/en/news/280280713.md) - [1 Analyst Just Doubled His Price Target on ASML Stock. Should You Buy Shares Now?](https://longbridge.com/en/news/271800596.md) - [Gold Hunter shifts from quiet buildup to fully funded drilling push at Newfoundland gold district](https://longbridge.com/en/news/281261616.md) - [Warren Buffett Admits He Sold Apple Too Early, Eyes Future Buying But Not Yet](https://longbridge.com/en/news/281336451.md) - [Warren Buffett teams up with NBA superstar Stephen Curry for charity lunch, reviving iconic auction](https://longbridge.com/en/news/281182480.md)