European markets mixed as tech sell-off hits chip stocks following Broadcom earnings

European stocks edged higher on Friday despite a global sell-off in chipmaking tech stocks that gripped U.S. and Asian markets overnight. The Stoxx 600 technology index fell 1.8%, with major semiconductor names like Infineon Technology (-6.6%) and ASML (-2.9%) declining. The sell-off was triggered by a disappointing earnings report from Broadcom earlier in the week. Despite the tech weakness, broader European indices showed resilience, with the FTSE 100 up 0.5% and France's CAC 40 rising 0.4%.