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SOI Soitec SA News Story

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TechnologyHighly SpeculativeLarge CapHigh Flyer

Soitec falls to bottom of SBF120, Europe chip stocks recede

** Semiconductor material supplier Soitec's SOIT.PA stock falls around 12%, to the bottom of France's SBF120 index

** Analysts could not point to a company specific reason for the fall, but note Soitec's stock volatility

** The stock is on track for its biggest daily loss since May, if losses holds; it rose 26% since September 12

** Peers in the European chip sector decline amid broader sell-off in stocks as U.S.-China trade tensions hit sentiment

** ASM International ASMI.AS and BESI BESI.AS slide 2-3%, both at the of Amsterdam's AEX index .AEX; Europe's broader technology index .SX8P falls 1% at 1203 GMT

 (Reporting by Nathan Vifflin in Gdansk)

 ((nathan.vifflin@thomsonreuters.com; +48 58 769 67 13;))

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