🔴 ASML is trading 3.5% down today after TSMC High-NA delays offset strong revenue guidance

ASML is trading at $1,381.66 (-3.54%) as delays in TSMC's High-NA lithography systems offset an upgraded full-year revenue forecast.

• The company raised its annual guidance following robust EUV and DUV orders from major memory chipmakers including Samsung, SK Hynix, and Micron.
• Investor sentiment is being weighed down by concerns that revenue recognition for critical High-NA systems may be pushed into future quarters despite the improved outlook.
• The stock is currently trading down from the April 27 close of $1,432.44.