0831 GMT - Shares in European semiconductor companies are up after President Trump said in a Truth Social post during the weekend that he wanted to help China, not hurt it. The statement came after Trump said he would hit China with a 100% additional tariff and impose new export controls on critical software products. European chip stocks fell Friday following the tariff threat, but are now recovering. Shares of Dutch chip-making equipment supplier ASML Holding are up 2.6%, with smaller rival ASM International up 2.4%. Shares of BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, are up 1.8%. German chip maker Infineon Technologies logs a 2.5% increase. Shares of STMicroelectronics, which supplies Elon Musk's Tesla and Apple, rise 3%. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
October 13, 2025 04:32 ET (08:32 GMT)
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