European Chip Stocks Open Week with Early Gains

Dow Jones09-21

0812 GMT - Shares of European semiconductor companies start the new week in green territory, building on gains from Friday. Investors have rewarded stocks exposed to artificial intelligence in recent days. In Asia, South Korea's SK Hynix closed 0.6% higher, while Samsung Electronics closed up 5%. In Europe, shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 2.8% and 1.9%, respectively. BE Semiconductor Industries, the Dutch supplier of semiconductor assembly equipment, is up 0.1%. German chip maker Infineon Technologies gains 2.4%. STMicroelectronics shares are up 2.3%. Meanwhile, the E-mini Nasdaq 100 futures contract edged 0.8% higher, pointing to a positive opening for tech stocks in the U.S.

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