0928 GMT - European semiconductor stocks gain in early trade, following their Asian peers higher. The South Korean KOSPI index withstood weekend tariff threats from President Trump against the country as tech stocks buoyed the sector, with SK Hynix stock up 8.7% on reports of a deal with Microsoft. An announcement from U.S. rival Micron Technology that it plans to invest around $24 billion in Singapore to meet surging memory-chip demand also boosted market sentiment. Dutch companies ASML and ASM International, which both supply SK Hynix, gain 1.4% and 1.1% respectively. German peer Suss Microtec climbs 1.7%, though advanced packaging manufacturer BE Semiconductor slips 1%.(josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
January 27, 2026 04:29 ET (09:29 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.