European Semiconductor Stocks Fall After Trump Tariff Threat -- Market Talk

Dow Jones

07/14

0806 GMT - Shares of semiconductor companies in Europe are down after President Trump said the U.S. would charge a 30% tariff on goods from the European Union effective Aug. 1 as negotiations between Brussels and Washington continue. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are down 0.1% and 1%, respectively. German chip maker Infineon Technologies is down 1.2%. STMicroelectronics--which supplies Apple and Tesla--is down 1.5%. The semiconductor industry has been grappling with uncertainty for months after the Trump administration opened a new investigation under Section 232 of the Trade Expansion Act of 1962 that could result in specific tariffs for chips. That probe continues. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

July 14, 2025 04:07 ET (08:07 GMT)

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