European Chip Stocks Lose Steam After NASDAQ Opening

Dow Jones07-15 22:22

1421 GMT - Shares of European semiconductor companies pared gains and some turned negative after major chip stocks in the U.S. opened lower. Micron Technology and Sandisk, key beneficiaries of AI fervor in recent months, are down over 3% and 6%, respectively. Intel, Advanced Micro Devices and some other chip stocks in the U.S. are also down. In Europe, shares of Dutch semiconductor-equipment maker ASML Holding are almost flat. The stock had gained over 7% earlier in the session after a strong set of earnings and a guidance raise. German chip maker Infineon Technologies is down 4.9%. STMicroelectronics shares are down 1.7%. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

July 15, 2026 10:22 ET (14:22 GMT)

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