Loading...
Both companies sell semiconductor equipment used by chipmakers, and both have strong lines in process control and inspection tools. They compete for the same factory spending at advanced chip plants, especially where customers need very precise control for leading-edge production.
As of Jun 23, 2026
For informational purposes only.
ASML took a pretty sharp hit today, sliding about 8% on heavier-than-usual trading. If you’ve been watching it grind higher for months and then saw today’s drop, it probably felt like someone slammed the brakes out of nowhere. The key thing: this looks more like a rough day in a hot, volatile sector than a sign the business suddenly broke.
ASML closed around $1,780, down roughly 8% for the day. Trading volume was noticeably above its recent average, which means a lot of people were moving money around, not just a few bored traders.
Even after this hit, the share price is still far above its longer-term average — roughly 40% above its 200‑day trend line — which tells you how strong the earlier run-up was. Put simply: the stock had run very far, very fast; today was a hard pullback inside a still-upward longer-term trend, with volatility staying high.
1. Chip and AI stocks are correcting after a huge run.
Semiconductor stocks in general have been getting knocked around. After making fresh record highs, the sector quickly fell around 7%, and traders have been piling into cheap ways to bet against chip names. There’s also been a broader “AI selloff” where investors are rethinking how much they’re willing to pay for anything tied to the AI boom.
