(new: share price development, expert opinions)

FRANKFURT (dpa-AFX) - Technology stocks are having a comparatively difficult time on Wednesday. After the recent record chase on the Nasdaq, the indices there had not reached a new high the previous evening. And there was no new impetus in the middle of the week due to the US holiday.

Investor restraint was particularly noticeable in the Dax at Infineon. The semiconductor manufacturer's weak shares fell back to their 100-day line and have now lost almost eleven percent since their high for the year on Thursday. Most recently, they were among the weakest on the DAX, losing 2.8 percent. Over the past three months, however, they are still one of the best performers on the DAX, up eleven percent.

Apparently, SMA Solar's massive profit warning also affected the Bavarian manufacturer of semiconductor technology for battery management. The weakness of SMA could be an indication that the recovery in the power semis sector will take until 2025, said one expert. However, the market had already priced this in for the second half of the year.

Aixtron continued its slide in the MDax on Wednesday. They have now halved in 2024 and have also lost a quarter of their value in the past three months. Since the weak outlook at the end of February, the shares have only ever found buyers for a short time. At Aixtron, investors did not want to take the risk of also being hit by a profit warning, said a Borsianer./ag/ajx/jha/