European stocks slid Tuesday morning as a global tech sell-off weighed on indices. The STOXX Europe 600 fell about 1% intraday, with technology and basic-resources the weakest sectors. European chip names ASML, ASM International, STMicroelectronics and Infineon traded down roughly 3–6% intraday. Losses in Europe were smaller than in markets such as Japan and South Korea, where chipmakers faced broader selling. Earlier media reports said SK Hynix is slowing expansion of AI-focused memory chips an

European stocks slid Tuesday morning as a global tech sell-off weighed on indices. The STOXX Europe 600 fell about 1% intraday, with technology and basic-resources the weakest sectors. European chip names ASML, ASM International, STMicroelectronics and Infineon traded down roughly 3–6% intraday. Losses in Europe were smaller than in markets such as Japan and South Korea, where chipmakers faced broader selling. Earlier media reports said SK Hynix is slowing expansion of AI-focused memory chips and refocusing on lower-cost commercial DRAM.