<p><strong>阿斯麥</strong>(ASML -7.60%) 的股票在週三遭遇大規模拋售，此前該公司發佈了最近的財報。截至東部時間下午 3:20，該半導體制造設備專家的股價下跌了 7.8%。當天交易中，股價曾一度下跌 11.2%。</p>
<p>阿斯麥在今天早上市場開盤前發佈了第二季度的業績，實際上銷售和盈利均超出了華爾街的預期。但儘管第二季度表現強勁，公司仍發佈了謹慎的前瞻指引——投資者因此拋售該股票。</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>圖片來源：Getty Images。</p>
<h2>儘管第二季度業績強勁，阿斯麥股價下跌</h2>
<p>阿斯麥在第二季度實現淨利潤 22.9 億歐元（約合 26.6 億美元），銷售額為 77 億歐元（約合 89.5 億美元）。與此同時，分析師的平均預期是該公司錄得淨利潤 20.4 億歐元，銷售額為 75.2 億歐元。銷售額同比增長約 23%，公司在該期間的毛利率為 53.7%。該技術專家繼續看到與人工智能（AI）芯片製造設備銷售相關的需求催化劑，但管理層對明年的前景表示謹慎。</p>
<h2>阿斯麥的下一步是什麼？</h2>
<p>在第二季度強勁表現的基礎上，阿斯麥現在預計今年年收入將增長約 15%，毛利率約為 52%。雖然這些目標本可以引發估值的上漲，但管理層表示無法自信地斷言明年業務會增長。由於關税及其他宏觀經濟和地緣政治風險，阿斯麥不確定明年是否會有銷售擴張——投資者因此對令人失望的指引做出反應，紛紛拋售該股票。</p>

阿斯麥

<p>ASML 的股票在最近的財報發佈後暴跌 7.8%，儘管其淨利潤為 22.9 億歐元，銷售額為 77 億歐元，均超出華爾街的預期。該公司發佈了謹慎的前瞻指引，預測年收入僅增長 15%，毛利率為 52%，這導致投資者因擔憂宏觀經濟和地緣政治風險影響未來銷售擴張而紛紛拋售</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>阿斯麥</strong>(ASML -7.60%) 的股票在週三遭遇大規模拋售，此前該公司發佈了最近的財報。截至東部時間下午 3:20，該半導體制造設備專家的股價下跌了 7.8%。當天交易中，股價曾一度下跌 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>阿斯麥在今天早上市場開盤前發佈了第二季度的業績，實際上銷售和盈利均超出了華爾街的預期。但儘管第二季度表現強勁，公司仍發佈了謹慎的前瞻指引——投資者因此拋售該股票。</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>圖片來源：Getty Images。</p>
</div><h2>ASML stock sinks despite strong Q2 results</h2>
<div class="lb-trans"><h2>儘管第二季度業績強勁，阿斯麥股價下跌</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>阿斯麥在第二季度實現淨利潤 22.9 億歐元（約合 26.6 億美元），銷售額為 77 億歐元（約合 89.5 億美元）。與此同時，分析師的平均預期是該公司錄得淨利潤 20.4 億歐元，銷售額為 75.2 億歐元。銷售額同比增長約 23%，公司在該期間的毛利率為 53.7%。該技術專家繼續看到與人工智能（AI）芯片製造設備銷售相關的需求催化劑，但管理層對明年的前景表示謹慎。</p>
</div><h2>What's next for ASML?</h2>
<div class="lb-trans"><h2>阿斯麥的下一步是什麼？</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>在第二季度強勁表現的基礎上，阿斯麥現在預計今年年收入將增長約 15%，毛利率約為 52%。雖然這些目標本可以引發估值的上漲，但管理層表示無法自信地斷言明年業務會增長。由於關税及其他宏觀經濟和地緣政治風險，阿斯麥不確定明年是否會有銷售擴張——投資者因此對令人失望的指引做出反應，紛紛拋售該股票。</p>
</div>

為什麼阿斯麥的股票今天大幅下跌