European Chipmakers Slide Again After Brief Relief Rally
Shares of European semiconductor companies are falling again after a one-day gain, and Nasdaq 100 futures point to a weak US tech open.
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what happened
Shares of European semiconductor companies are falling again after a single day of gains in global stocks linked to artificial intelligence. Investors bought tech shares at a discount on Monday after a sharp drop last week, but the selloff resumed on Tuesday, according to Market Talk.
In Asia, SK Hynix closed 4.2% lower and Samsung Electronics dropped 3%. In Europe, ASML Holding fell 2.7%, ASM International 3.1% and BE Semiconductor Industries 2.8%. Infineon lost 2.9% and STMicroelectronics 3%. E-mini Nasdaq 100 futures are down 0.4%, pointing to a weak open for US tech stocks.
why it matters
The decline reaches across the semiconductor supply chain, so pressure on the sector could persist and weigh on indexes heavy in technology names. The key question for markets is whether the selloff continues after Monday's rebound.
market impact
European and Asian chipmakers: continued selling pressures the AI-linked tech sector
instruments
sources
- European Chip Stocks Resume Fall After Day of Respite — Market Talk, 20 October 2026 at 08:22 UTC
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