European Chip Stocks Rise Ahead of SpaceX Market Debut -- Market Talk

Dow Jones06-12

0935 GMT - Shares of European semiconductor companies are on the rise as investors await SpaceX's market debut on Friday. Elon Musk's rocket maker already raised about $75 billion in an offering that valued the group at roughly $1.77 trillion, and shares are set to begin trading at midday in New York. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 2.3% and 1.7%, respectively. Shares of BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, are up 2%. German chip maker Infineon Technologies is up 1.6%. STMicroelectronics shares are up 2.2%. Meanwhile, the E-mini Nasdaq 100 futures contract is up 0.4%. (mauro.orru@wsj.com)

(END) Dow Jones Newswires

June 12, 2026 05:38 ET (09:38 GMT)

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