ASML shares seen opening lower on guidance miss, geopolitics
MILAN, July 17 (Reuters) -ASML's ASML.AS shares were set to open lower on Wednesday, even as the world's biggest chipmaking equipment supplier reported better-than-expected second-quarter earnings and bookings.
Traders pointed to a slight miss on the sales guidance and geopolitical concerns.
Bloomberg reported that Washington is considering using the most severe trade restrictions available for China if companies including Tokyo Electron 8035.T and ASML continue giving the country access to advanced semiconductor technology.
"The geopolitical angle... is likely to be in more focus today than results," wrote Citi analysts in a note.
ASML Frankfurt-listed shares were down 3.8%.
Reporting by Danilo Masoni; Editing by Amanda Cooper
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