Discussion
Fresh from causing panic in Asia (see Bloomberg and others), the tech stock selloff has spread. Leading to a sudden and unexpected slide in chipmakers' share values, pumped up by a decade of "AI" hype and shonky accounting. Are their chickens finally coming home to roost?
"The sell-off has spread from the US to Asia to Europe, as investors grow increasingly nervous about whether the AI-driven rally in the market this year is sustainable."
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"... the Stoxx Europe 600 is down 0.5%, led by a 1% decline in its tech sector.
ASML, a Dutch business which specialises in making chip manufacturing equipment, is down 4%. Infineon Technologies, a German chip producer, is also down by about 4%. STMicroelectronics is down 4.7%."
https://www.
theguardian.com/business/live/2026/jul/17/global-tech-stocks-fall-chip-sell-off-burberry-sales-boost-economy-latest-news
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