European Chip-Equipment Stocks Rise After Supreme Court Strikes Down Trump's Tariffs -- Market Talk
Dow Jones02-21 00:06
1606 GMT - Shares of European companies that supply equipment to produce or assemble semiconductors are on the rise after the U.S. Supreme Court ruled President Trump's global tariffs are illegal. Shares of Dutch chip-making equipment supplier ASML Holding are up 1.8%, with smaller rival ASM International up 1.9%. Shares of BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, are up 5.4%. The European Union struck a trade deal with the U.S. in July that set a 15% tariff ceiling EU semiconductor exports. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
February 20, 2026 11:06 ET (16:06 GMT)
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