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European Chip Stocks Decline Amid Renewed AI Selling Spree
18 hour ago /
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Author：小编
On July 28, European semiconductor company shares declined amid widespread pressure on tech stocks due to market concerns over spending prospects in the artificial intelligence sector. In Asian markets, shares of South Korean memory chip giant SK Hynix closed nearly 15% lower, while Samsung Electronics fell 13%. In Europe, shares of Dutch semiconductor equipment manufacturer ASML dropped 1.9%, with its competitor ASM International falling 2.9%; German chipmaker Infineon Technologies saw its shares slide 2.3%, while STMicroelectronics dropped 1.7%. Meanwhile, Nasdaq 100 index futures contracts fell 0.9%, suggesting a potentially weak opening for U.S. tech stocks.
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