European chip stocks fall after Micron's downbeat quarterly guidance
** Shares of European semiconductors fall, underperforming an already weak stock market, after U.S.-based Micron Technology's MU.O quarterly forecast signalled sluggish consumer demand on Wednesday
** "Micron news is sentiment negative at least and should trigger profit taking," a trader says
** Shares in Frankfurt-listed Infineon IFXGn.DE, Siltronic WAFGn.DE, Aixtron AIXGn.DE drop between 3.6%-4.7% to the bottom of their respective DAX indices
** Elsewhere, ASM International ASMI.AS, ASML ASML.AS and BE Semiconductors Industries BESI.AS fall between 2.5% and 4.5%, STMicroelectronics STMPA.PA falls 4%
** Swiss chip stocks also slump, with ams-Osram AMS.S, VAT Group VACN.S down 5.5% and 4.5% respectively
** Memory-exposed Swiss radio frequency (RF) and X-ray technology maker Comet COTNE.S also falls after the news, down 5%, with Stifel flagging "clearly a negative X-read for Comet as it likely delays the cyclical recovery for the company further"
Reporting by Linda Pasquini
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