As renewed concerns over artificial intelligence spending drag down tech stocks, shares of European semiconductor companies declined. In Asia, shares of South Korean memory chip manufacturer SK Hynix closed down nearly 15%, while Samsung Electronics fell 13%. In Europe, Dutch semiconductor equipment maker ASML and smaller rival ASM International saw their shares drop 1.9% and 2.9% respectively. German chip manufacturer Infineon Technologies slid 2.3%, and STMicroelectronics shares fell 1.7%. Me

As renewed concerns over artificial intelligence spending drag down tech stocks, shares of European semiconductor companies declined. In Asia, shares of South Korean memory chip manufacturer SK Hynix closed down nearly 15%, while Samsung Electronics fell 13%. In Europe, Dutch semiconductor equipment maker ASML and smaller rival ASM International saw their shares drop 1.9% and 2.9% respectively. German chip manufacturer Infineon Technologies slid 2.3%, and STMicroelectronics shares fell 1.7%. Me

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As concerns over artificial intelligence spending once again weighed on tech stocks, shares of European semiconductor companies declined. In Asia, South Korean memory chip manufacturer SK Hynix's share price closed down nearly 15%, while Samsung Electronics fell 13%. In Europe, Dutch semiconductor equipment manufacturer ASML and its smaller competitor ASM International saw their stock prices drop by 1.9% and 2.9% respectively. German chip manufacturer Infineon Technologies declined by 2.3%. STMicroelectronics' share price fell by 1.7%. Meanwhile, Nasdaq 100 index futures contracts dropped 0.9%, indicating a weak opening for U.S. tech stocks.

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