Nikkei falls for 5th straight day as semiconductor stocks plunge on ASML earnings
The Nikkei Stock Average fell for the 5th straight day, closing at 67,744.29, down 0.05%. Semiconductor stocks dropped after ASML Holding's earnings report, offsetting early gains. The TOPIX also declined by 0.34%.
How this was made
The 30-second read
Why it matters
The earnings miss sparked a chain reaction, pulling down the Nikkei and TOPIX as investors trimmed exposure to the semiconductor supply chain.
Market read
ASML earnings drive short‑term downside in semiconductor equities and weigh on the Japanese market.
What to watch
Currency moves and broader macro sentiment could amplify or mitigate the sector pullback.
Background
ASML, a leading lithography equipment supplier, released its Q3 2026 earnings, which fell short of market expectations, prompting a sell‑off in related semiconductor stocks on the Tokyo exchange.
Ticker impact
ASML reported its July‑September 2026 earnings, triggering a sell‑off in semiconductor stocks and pulling the Nikkei down.
likely downside for semiconductor stocks as investors reassess earnings outlook
The earnings release was the catalyst for the Nikkei slide and the sell‑off in related names.
Market effects
Semiconductor sector faces short‑term pressure as earnings disappointment spreads to peers.
Japanese market weakened, Nikkei down for a fifth session.
European and US semiconductor stocks may see spill‑over volatility.
Counterpoint
If the earnings miss is limited to ASML, other chip equipment makers could be relatively resilient.
Key entities
- companyASML Holding
Dutch semiconductor equipment manufacturer whose earnings triggered market moves.



