<p><strong>阿斯麦</strong>(ASML -7.60%) 的股票在周三遭遇大规模抛售，此前该公司发布了最近的财报。截至东部时间下午 3:20，该半导体制造设备专家的股价下跌了 7.8%。当天交易中，股价曾一度下跌 11.2%。</p>
<p>阿斯麦在今天早上市场开盘前发布了第二季度的业绩，实际上销售和盈利均超出了华尔街的预期。但尽管第二季度表现强劲，公司仍发布了谨慎的前瞻指引——投资者因此抛售该股票。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjU0ODEvZ2V0dHlpbWFnZXMtMjE4ODgwNTY1MS0xLmpwZyZ3PTcwMA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjU0ODEvZ2V0dHlpbWFnZXMtMjE4ODgwNTY1MS0xLmpwZyZ3PTcwMA"/></p>
<p>图片来源：Getty Images。</p>
<h2>尽管第二季度业绩强劲，阿斯麦股价下跌</h2>
<p>阿斯麦在第二季度实现净利润 22.9 亿欧元（约合 26.6 亿美元），销售额为 77 亿欧元（约合 89.5 亿美元）。与此同时，分析师的平均预期是该公司录得净利润 20.4 亿欧元，销售额为 75.2 亿欧元。销售额同比增长约 23%，公司在该期间的毛利率为 53.7%。该技术专家继续看到与人工智能（AI）芯片制造设备销售相关的需求催化剂，但管理层对明年的前景表示谨慎。</p>
<h2>阿斯麦的下一步是什么？</h2>
<p>在第二季度强劲表现的基础上，阿斯麦现在预计今年年收入将增长约 15%，毛利率约为 52%。虽然这些目标本可以引发估值的上涨，但管理层表示无法自信地断言明年业务会增长。由于关税及其他宏观经济和地缘政治风险，阿斯麦不确定明年是否会有销售扩张——投资者因此对令人失望的指引做出反应，纷纷抛售该股票。</p>

阿斯麦

<p>ASML 的股票在最近的财报发布后暴跌 7.8%，尽管其净利润为 22.9 亿欧元，销售额为 77 亿欧元，均超出华尔街的预期。该公司发布了谨慎的前瞻指引，预测年收入仅增长 15%，毛利率为 52%，这导致投资者因担忧宏观经济和地缘政治风险影响未来销售扩张而纷纷抛售</p>

<p><strong>ASML</strong>(ASML -7.60%) stock is getting hit with big sell-offs Wednesday following the company's recent earnings report. The semiconductor manufacturing equipment specialist's share price was down 7.8% as of 3:20 p.m. ET. The stock had been down as much as 11.2% earlier in the day's trading.</p>
<div class="lb-trans"><p><strong>阿斯麦</strong>(ASML -7.60%) 的股票在周三遭遇大规模抛售，此前该公司发布了最近的财报。截至东部时间下午 3:20，该半导体制造设备专家的股价下跌了 7.8%。当天交易中，股价曾一度下跌 11.2%。</p>
</div><p>ASML published its second-quarter results before the market opened this morning and actually posted sales and earnings for the period that beat Wall Street's targets. But despite strong performance in Q2, the company issued cautious forward guidance -- and investors are selling the stock in response.</p>
<div class="lb-trans"><p>阿斯麦在今天早上市场开盘前发布了第二季度的业绩，实际上销售和盈利均超出了华尔街的预期。但尽管第二季度表现强劲，公司仍发布了谨慎的前瞻指引——投资者因此抛售该股票。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjU0ODEvZ2V0dHlpbWFnZXMtMjE4ODgwNTY1MS0xLmpwZyZ3PTcwMA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F825481%2Fgettyimages-2188805651-1.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>ASML stock sinks despite strong Q2 results</h2>
<div class="lb-trans"><h2>尽管第二季度业绩强劲，阿斯麦股价下跌</h2>
</div><p>ASML posted a net profit of 2.29 billion euros (roughly $2.66 billion) on sales of 7.7 billion euros (roughly $8.95 billion) in the second quarter. Meanwhile, the average analyst estimate had called for the business to record a profit of 2.04 billion euros on sales of 7.52 billion euros. Sales were up roughly 23% year over year, and the company posted a gross margin of 53.7% in the period. The tech specialist continued to see demand catalysts related to equipment sales for the manufacturing of artificial intelligence (AI) chips, but management issued a cautious outlook for next year.</p>
<div class="lb-trans"><p>阿斯麦在第二季度实现净利润 22.9 亿欧元（约合 26.6 亿美元），销售额为 77 亿欧元（约合 89.5 亿美元）。与此同时，分析师的平均预期是该公司录得净利润 20.4 亿欧元，销售额为 75.2 亿欧元。销售额同比增长约 23%，公司在该期间的毛利率为 53.7%。该技术专家继续看到与人工智能（AI）芯片制造设备销售相关的需求催化剂，但管理层对明年的前景表示谨慎。</p>
</div><h2>What's next for ASML?</h2>
<div class="lb-trans"><h2>阿斯麦的下一步是什么？</h2>
</div><p>On the heels of the strong performance in the second quarter, ASML now expects that it will see annual revenue growth of roughly 15% and gross margin of approximately 52% this year. While those targets might otherwise have been cause for a valuation rally, management said that it could not confidently state that the business would grow next year. With tariffs and other macroeconomic and geopolitical risks, ASML isn't sure that there will be a sales expansion next year -- and investors are selling out of the stock in response to the disappointing guidance.</p>
<div class="lb-trans"><p>在第二季度强劲表现的基础上，阿斯麦现在预计今年年收入将增长约 15%，毛利率约为 52%。虽然这些目标本可以引发估值的上涨，但管理层表示无法自信地断言明年业务会增长。由于关税及其他宏观经济和地缘政治风险，阿斯麦不确定明年是否会有销售扩张——投资者因此对令人失望的指引做出反应，纷纷抛售该股票。</p>
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为什么阿斯麦的股票今天大幅下跌