European Chip Stocks Climb After Samsung, OpenAI Deal -- Market Talk

Dow Jones
10/02

0825 GMT - Shares of European companies that supply chip-making tools are on the rise after Samsung Electronics struck an initial agreement with OpenAI to establish AI infrastructure under the Stargate project. The partnership raises hopes among investors that Samsung will need to purchase more chip-making tools. Shares of ASML Holding--which sells equipment to Samsung--are up 4.2% in Amsterdam. Shares of ASML's smaller rival, ASM International, are up 5.8%. Shares of BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, rise 6.3%. (mauro.orru@wsj.com)

 

(END) Dow Jones Newswires

October 02, 2025 04:25 ET (08:25 GMT)

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