European tech and chip stocks fall as the US tech sell-off spreads
European shares slipped Friday after US earnings from Amazon and Intel revived doubts about AI spending. The STOXX 600 was down about 0.25% in the morning, and the tech sector fell roughly 2%. ASML dropped about 5%, Infineon 4% and STMicroelectronics 3.8%. Reuters reported the STOXX 600 was still on course for weekly and monthly gains, helped by strong corporate earnings.
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- Reuters via Investing.com (investing.com)
- TradingView (tradingview.com)
- CNBC (cnbc.com)
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