Shares of European semiconductor companies were mixed as investors waited for Nvidia’s results to gauge appetite for artificial-intelligence chips.

The markets are mixed in early trading today as technology stocks fall ahead of a week packed with headline-making events.

Shares of chip and AI-related companies were largely in the red on Monday ahead of major tech earnings this week.

On Friday, the PHLX semiconductor index declined 1.6%, making for a decline of 18.2% for July, after this index of 30 chip makers and related suppliers had doubled during the first six months of 2026.

Despite heightened volatility analysts remain optimistic over the outlook of the tech sector, with J.P. Morgan saying the tech sell-off had not derailed the AI investment cycle.

Colin is a Senior Writer of tech and financial news. He has more than three years of experience writing, editing, proofreading, and fact-checking content. He received his M.A. in journalism from The ...

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