0842 GMT - European semiconductor stocks jump in early trade as risk-on sentiment returns on fresh Middle East peace hopes. A tech-led rally in U.S. equities Tuesday spurred gains for artificial-intelligence stocks in Asia. Moreover, a report that the United Arab Emirates would help re-open the Strait of Hormuz helped ease concerns around shortages in helium, a crucial input in semiconductor manufacturing. ASML, Europe's most valuable company, jumped 3.4% in Amsterdam. BE Semiconductor and ASM International are up 2.9% and 4.05%, respectively. The gains follow surges in Asian memory chip-makers SK Hynix and Samsung Electronics, key buyers of the European companies' semiconductor-manufacturing technology. Elsewhere, STMicroelectronics gains 3.4%, while Infineon rises 3.8%. (josephmichael.stonor@wsj.com)
(END) Dow Jones Newswires
April 01, 2026 04:43 ET (08:43 GMT)
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