ASML earnings drag semiconductor stocks lower

ASML earnings drag semiconductor stocks lower - Chip stocks fell on Wednesday after key semiconductor manufacturing equipment maker ASML said that sales suffered a steeper drop than investors had expected. - Its main customers include TSMC, Samsung and Intel, the world's top processor foundries, which, in turn, make chips for AMD, Nvidia, Qualcomm and Apple. Chip stocks fell on Wednesday after ASML, a key developer of semiconductor manufacturing equipment, said that bookings fell by 61% sequentially during the first quarter, …