ASML shares faced downward pressure, trading at $1263.72 in after-hours trading, as the market anxiously awaited the Q4 earnings report from Taiwan Semiconductor Manufacturing (TSM).
- The volatility reflects broader tech sector anxieties, fueled partly by higher wholesale inflation.
- Concerns regarding Chinese restrictions on advanced AI chips are contributing to the cautious market stance.
- TSM's guidance on future chip demand will be a crucial determinant for ASML's near-term outlook.