Europe's chip stocks fall on ASML's remarks on 2026 growth uncertainty

Shares in European chip stocks are hit by ASML's ASML.AS Q2 report, as the world's biggest supplier of computer chip-making equipment said it may not achieve growth in 2026

STOXX Europe Technology index .SX8P falls 1.1%, among the worst performers on the wider STOXX 600 index .STOXX

"I think all the analysts agree that ASML's comments about 2026 are more cautious than what they said in Q1 ... and people are getting even more worried, nervous about growth potential in 2026," Degroof Petercam analyst Michael Roeg says

"What happens to ASML happens to most of the other wafer fab equipment companies as well. Not only the European names, but also the Japanese and the American names," Roeg adds

Chip-making equipment suppliers BE Semiconductor BESI.AS and ASMI ASMI.AS fall 2.5% and 3.5%, respectively

Germany's Infineon IFXGn.DE, Aixtron AIXGn.DE and Siltronic WAFGn.DE fall between 1% and 2.3%; Swiss sensor maker ams OSRAM AMS.S falls 2.3%

STMicroelectronics STMPA.PA and Soitec SOIT.PA are down around 2%