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ASML Stock Tumbles 6% As Investors Weigh China Risk — But Wall Street And Retail Investors Dismiss Selloff
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ASML stock fell 6% after a report that a Shanghai-based company plans to supply chipmaking tools to domestic firms.
The report in The Information highlights China's push for semiconductor self-reliance.
Wall Street and retail investors are dismissing the selloff.
The development adds to geopolitical risk for ASML, which relies on China for a portion of its revenue.
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Rajeev Chandrasekhar / Jupiter Capital interests historically