European Semiconductor Stocks Surge, Following U.S. and Asia Peers -- Market Talk

Dow Jones01-22

1048 GMT - Shares in European semiconductor companies surge, following Asian peers higher after President Trump's u-turn on Greenland-related tariffs and global semiconductor exuberance. Chip maker Infineon--up 4.35%--is the biggest sector climber in Europe, with the stock supported by a rally in autos, a key market for the company. STMicroelectronics gains 3.15%, while Suss Microtec is up 4.1%. In the Netherlands, BE Semiconductors jumps 3.4% as ASM International climbs 1.7%. ASML gains 3.15%, further supported by long-term advanced lithography demand and a cyclical recovery in mainstream semiconductor markets, analysts at ING write. The rally comes after the Philadelphia Semiconductor Index hit an all-time high in U.S. trading Wednesday. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

January 22, 2026 05:48 ET (10:48 GMT)

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