By Danilo Masoni MILAN, Feb 4 (Reuters) - European and U.S. software stocks struggled to find support on Wednesday as a sector-wide selloff spread to Asia, fuelled by mounting worries that advances in artificial intelligence could upend companies' business models.

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Enterprise software stocks are starting to look tempting again, at least on a chart. Adobe Inc. (NASDAQ:ADBE) is trading at November 2022 lows and has lost 55% of its value since its February 2024 peak.