0726 GMT - Shares of European semiconductor companies fall following a selloff across U.S. tech giants over fears of an AI bubble. "An MIT report revealed that 95% of companies investing in generative AI have yet to see returns," Swissquote Bank analyst Ipek Ozkardeskaya wrote in a note. "The comments may have been a wake-up call for investors, sparking a sharp pullback in high-flying names," she adds. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are down 0.8% and 1.5%, respectively. German chip maker Infineon Technologies falls 1.7% and STMicroelectronics--which supplies Apple and Tesla--is down 1.6%. Meanwhile, BE Semiconductor Industries shares are trading 1.2% lower. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
August 20, 2025 03:27 ET (07:27 GMT)
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