European semis track Asian selloff as AI leaders call for slower development

STMicroelectronics

14/09/2026 08:19

** Shares in European semiconductors fall after an AI-linked selloff in Asia, triggered by calls from leading AI companies' CEOs to slow the technology's development 
** The CEOs of the companies developing the most advanced AI models warned that the pace of development must slow to prevent potential threats to humanity
** STOXX Technology index .SX8P falls 1.4%, among the worst performers on the wider STOXX 600 .STOXX
** Sector heavyweight STMicroelectronics STMPA.PA, ASML ASML.AS and Infineon IFXGn.DE are down 3%, 4.7% and 5.5%, respectively
** BE Semiconductor BESI.AS, ASMI ASMI.AS and Siltronic WAFGn.DE fall between 4.9% and 5.6%
** X-FAB XFAB.PA, Soitec SOIT.PA and AT & S ATSV.VI are down 5.2%, 8.2% and 9.1%, respectively, while Italian Technoprobe  TPRO.MI falls 7.5%

(Reporting by Ozan Ergenay)
((ozan.ergenay@thomsonreuters.com))