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Live News EQUITY FLASH L impact

BUZZ — European AI — exposed stocks caught up in global rout

(Adds European chip stocks and STOXX 600 tech index, updates share moves) * Shares in European chip and other AI-exposed stocks fall sharply, tracking an overnight selloff in the US and Asian markets * STOXX tech index falls 3.5% to more than three-week low at 0726 GMT, leading the sectoral losses on the wider STOXX 600 index * Among single stocks, tech index heavyweight ASML, STMicroelectronics, BESI, Infineon and ASMI fall between 6.5% and 9.8% * Siltronic, Soitec, Aixtron, Technoprobe, Suss MicroTec and AT & S are down between around 9% and 11% * Nordic Semiconductor, Melexis and X-FAB all fall around 4%-5% * Other AI-exposed stocks such as Nokia, Prysmian, Legrand, Schneider Electric, ABB all slide between around 4% and 7% (Reporting by Ozan Ergenay) ((ozan.ergenay@thomsonreuters.com)

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