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European Chip Stocks Fall as Tech Selloff Resumes

Dow Jones
2 hours ago

0824 GMT - Shares of European semiconductor companies are following their Asian peers in negative territory as investors ditch stocks linked to artificial intelligence. A strong set of earnings and outlook from Micron Technology late Wednesday failed to reignite a rally in AI stocks on Thursday. On Friday, South Korean memory-chip maker SK Hynix closed 8.4% lower, while Taiwan Semiconductor Manufacturing Co. was down 2.1%. In Europe, shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are down 0.9% and 3.3%, respectively. German chip maker Infineon Technologies is down 2.9%. STMicroelectronics shares are down 2.5%. Meanwhile, the E-mini Nasdaq 100 futures contract is down 0.8%. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

June 26, 2026 04:24 ET (08:24 GMT)

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