BUZZ — Chip stocks lead losses in Europe as AI selloff spreads
* Shares in European chipmakers fall in early trade as selloff in AI-exposed stocks spreads, dragging the wider STOXX tech index 1.7% lower * STMicroelectronics, Soitec, Infineon, and semiconductor testing company Technoprobe are all down around 5% * Siltronic, Aixtron, ASM International, X-FAB slide between around 3% and 4% * Chip-equipment heavyweight ASML falls 3.3%, while BE Semiconductor is down 2.7% * "It's all about the perception of the sustainability of the investments in AI," says Degroof Petercam analyst Michael Roeg * In Asia, South Korea's KOSPI index slides more than 6% in a fifth straight session of losses, and Tokyo-listed memory-maker Kioxia drops 13% * On Monday, the US Philadelphia semiconductor index fell 2.7% (Reporting by Nathan Vifflin in Gdansk) ((nathan.vifflin@thomsonreuters.com; gdansk.newsroom@thomsonreuters.com; +48 58 769 67 13;)