European chip and other AI-related stocks fell sharply, tracking overnight US and Asian declines. As of 15:26 Beijing time the Stoxx Europe 600 Technology Index was down 3.5%, hitting a more-than-three-week low and leading losses across Stoxx 600 sectors. Heavyweights ASML, STMicroelectronics, BE Semiconductor Industries (BESI), Infineon and ASM International dropped about 6.5%–9.8%. Wafer makers and equipment suppliers including Soitec, Aixtron, Technoprobe and SUSS MicroTec fell roughly 9%–11%

European chip and other AI-related stocks fell sharply, tracking overnight US and Asian declines. As of 15:26 Beijing time the Stoxx Europe 600 Technology Index was down 3.5%, hitting a more-than-three-week low and leading losses across Stoxx 600 sectors. Heavyweights ASML, STMicroelectronics, BE Semiconductor Industries (BESI), Infineon and ASM International dropped about 6.5%–9.8%. Wafer makers and equipment suppliers including Soitec, Aixtron, Technoprobe and SUSS MicroTec fell roughly 9%–11%. Other AI-linked names such as Nokia, Prysmian, Legrand, Schneider Electric and ABB declined about 4%–7%.