16
Oct
Shares of semiconductor giant ASML suffered a significant decline, plunging 15% following an early warning from the company about declining sales in China. This news, which came unexpectedly before the formal announcements, raised concerns among investors about the implications for ASML's business and the tech sector's broader interactions with the Chinese market. The drop in ASML shares was a direct response to the company's preliminary statement regarding its financial prospects in one of its largest markets. Analysts and investors were caught by surprise by the announcement, which highlighted not only the specific challenges faced by ASML but also the potential…