European Chip Stocks Mixed After Korean Tech Selloff
Dow Jones
Yesterday
0816 GMT - Shares of European semiconductor companies start the week mixed following a selloff in South Korean stocks exposed to artificial intelligence. SK Hynix closed 4.5% lower, while Samsung Electronics shed 4.4%. In Europe, shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 0.5% and 1.2%, respectively. BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, is down 0.1%. German chip maker Infineon Technologies stock loses 1.1%. STMicroelectronics shares are down 0.4%. Meanwhile, the E-mini Nasdaq 100 futures contract is 0.3% higher, pointing to a positive opening for tech stocks in the U.S.
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