FRANKFURT/NEW YORK/TAIPEH (dpa-AFX) - Semiconductor stocks are once again under particular pressure in the global downward pull of technology stocks on Monday. Recent weak quarterly figures from Intel, for example, recession worries and fears that the hype surrounding artificial intelligence (AI) may have gone too far are fueling the slide.

Shares in the AI flagship company Nvidia fell by double-digit percentages on Tradegate at the start of the week compared to the Nasdaq close. A report from "The Information", according to which the next processor generation Blackwell will be delayed, is unlikely to help the battered sentiment with regard to AI stocks, wrote analyst Stacy Rasgon from analysis firm Bernstein Research in a recent study.

The sell-off in the tech sector also affected the shares of semiconductor heavyweight TSMC in Taiwan on Monday. They fell by around ten percent and dragged down the Taiex index in Taipei, as their weighting in the index is more than 30 percent.

In Germany, shares such as Süss Microtec continued to slide and Infineon also lost another three percent on Tradegate at the Xetra close. Infineon is also in the spotlight with its quarterly figures, which were strong according to Jefferies analysts. Infineon also confirmed its forecasts for the current financial year. However, the shares are currently unable to escape the very weak tech environment./ajx/la/mis