German, Swiss chip stocks slide in early trade, tracking peers in Asia, US
15/10/2026 07:23
BUZZ-German, Swiss chip stocks slide in early trade, tracking peers in Asia, US ** Shares in German and Swiss chip stocks are lower in early Frankfurt trade, tracking an overnight selloff in AI-related stocks in the US and Asian markets
** The latest hot U.S. inflation data increased expectations that the Federal Reserve could raise interest rates further
** Germany's Infineon IFXGn.DE and Aixtron AIXGn.DE slide 3.2% and 4.3, respectively, while Suss MicroTec SMHNn.DE and Elmos Semiconductor ELGG.DE are down around 5%
** Swiss semiconductor and lighting company ams OSRAM AMS.S is down 1.4%
(Reporting by Ozan Ergenay)
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