The Nasdaq crash in 2000 started with semiconductors like ASML underperforming and dropping 20%.
We are in a very bad situation due to global wars, excess COVID money (a lot of which went to rich people who pumped up the stock market) and an energy crisis induced by sanctions and the Nordstream terrorism act. No company in Germany will buy expensive CPUs, they barely survive. Global revenue matters ...
> Economists said the inflation shock that followed Russia’s invasion of Ukraine – sparking a dramatic increase in energy and food prices that undermined business and consumer confidence across the eurozone – was beginning to ease.
We are in a very bad situation due to global wars, excess COVID money (a lot of which went to rich people who pumped up the stock market) and an energy crisis induced by sanctions and the Nordstream terrorism act. No company in Germany will buy expensive CPUs, they barely survive. Global revenue matters ...