Shares of leading semiconductor manufacturers are under sustained selling pressure, extending a sharp decline that has swept through the global chip sector.

The move marks a significant shift in sentiment for an industry that had been buoyed by months of intense investor enthusiasm and rapid valuation expansion.

The sell-off is broad-based, affecting both US giants and European specialists.

Sivers Industries, the Swedish chip designer, saw its shares continue a steep drop on Friday, mirroring the wider market turbulence.

The pressure is not limited to Europe; Chinese mainland equities also slipped as the rout in artificial intelligence-linked stocks entered its second day, dragging down major indices such as the Shanghai Composite.

This correction reflects growing investor caution regarding the sustainability of recent gains in AI-related assets.