Amid escalating trade disputes and geopolitical tensions, ASML has decided to withdraw its growth forecast for 2026, leading to a substantial decline in its share prices. Despite surpassing order expectations in the second quarter, the company now anticipates that third-quarter sales will fall below projections. ASML is grappling with tariff threats from the United States and sales restrictions in China, yet it remains optimistic about the growth opportunities presented by the burgeoning artificial intelligence market. Furthermore, tightening in both upstream and downstream supply chains has also had a significant impact on ASML's business operations.