European stocks have been under pressure as the progress made by the emerging Chinese company Deepseek in the field of artificial intelligence led to sales in the chip industry groups and relevant technology companies.
The Stoxx EUROPE 600 fell 0.4 percent at midday on the continent. The wide -ranging index is declining due to the shares of the most valuable technology company in Europe, ASML, which decreased by 8 percent. ASM International conductors continued its previous losses to circulate by 13 percent.
The German DAX index fell 0.9 percent with the arrow of the Giant Soft Software Company, SABB, decreased by about 1.8 percent, while the CAC 40 index in Paris fell 0.6 percent with the decrease in the shares of Schneider Electric, a company for the artificial intelligence supply chain, 9 percent.
The Stoxx EUROPE index of technology decreased by 4 percent. “This is the first rift in the trading of artificial intelligence,” said Parkliz, Emmanuel Cao, said.
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