Edited By WION Video Desk
Published: Sep 22, 2024, 06:30 IST | Updated: Sep 22, 2024, 06:30 IST
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World Business Watch Sep 22, 2024, 06:30 IST
Downgrade sparks concerns over future prospects
Morgan Stanley has downgraded its earnings estimate for ASML, citing weakness in the memory chip market and concerns over demand from Intel and Chinese chipmakers. ASML's share price has already dropped by 30 percent during July and august.
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