European chipmakers tumble after Broadcom dashes hopes of rebound in demand

European semiconductor stocks fell on Friday after U.S. chipmaker Broadcom warne...

FILE PHOTO: Broadcom Limited company logo is pictured on an office building in Rancho Bernardo, California May 12, 2016. REUTERS/Mike Blake

Shares in ASML, STMicroelectronics, Siltronic, ASM International, Infineon, and AMS tumbled by 2.7% to 6.6% as the warning reignited fears chipmakers would not keep to their promises of a second-half recovery.

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