European Semiconductor Stocks Follow Asian Rivals Higher -- Market Talk

Dow Jones
06/20

0838 GMT - Shares of semiconductor companies in Europe edge higher on Friday, following gains in the Stoxx Europe 600 and other European indexes. President Trump said he would decide on whether to strike Iran within two weeks. Meanwhile, European foreign ministers are slated to meet with Iranian officials in Geneva on Friday to press them to de-escalate. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 1.6%. German chip maker Infineon Technologies is up 1.9%. STMicroelectronics--which supplies Apple, Samsung Electronics and Tesla--is up 2%. The gains in Europe follow rises in Asian stocks like Taiwan Semiconductor Manufacturing Co., which closed 1.9% higher. South Korean memory-chip maker SK Hynix--which supplies Nvidia--closed 4.5% higher. (mauro.orru@wsj.com)

 

(END) Dow Jones Newswires

June 20, 2025 04:39 ET (08:39 GMT)

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