European Chip Stocks Trade Mixed After Korean Tech Selloff
European semiconductor stocks opened the week unevenly after a selloff in South Korean companies exposed to artificial intelligence.
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what happened
European semiconductor stocks started the week mixed after a selloff in South Korean companies linked to artificial intelligence. Dow Jones Newswires reported that SK Hynix closed 4.5% lower, while Samsung Electronics fell 4.4%.
In Europe, shares of Dutch chip-equipment makers ASML Holding and ASM International gained 0.5% and 1.2%, respectively. BE Semiconductor Industries, a Dutch supplier of semiconductor assembly equipment, slipped 0.1%. German chipmaker Infineon Technologies dropped 1.1%, while STMicroelectronics shares declined 0.4%.
Meanwhile, the E-mini Nasdaq 100 futures contract was up 0.3%, pointing to a positive opening for U.S. technology stocks.
why it matters
The selloff in South Korean technology shares creates a mixed backdrop for Europe’s semiconductor sector, while Nasdaq 100 futures indicate a firmer start for U.S. tech stocks.
instruments
sources
- European Chip Stocks Mixed After Korean Tech Selloff — Market Talk — Dow Jones Newswires, 12 October 2026 at 08:17 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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