ASML plunges as export restrictions appear to take hold

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ASML headquarters in Silicon Valley

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ASML Holding (NASDAQ:ASML) plunged following a lower-than-expected forecast for 2025 due in part to tighter export controls in the Netherlands.

ASML plummeted 17% by late afternoon trading on Tuesday following the release of its third quarter financial results and outlook.

“ASML reported