BUZZ-European chipmakers join global rally after US clears Nvidia H200 sales to China
NVIDIA Corporation NVDA | 0.00 | |
ASML Holding NV ADR ASML | 0.00 |
** Shares of European chipmakers jump, with Infineon IFXGn.DE and Aixtron AIXA.DE leading gains on 3%-3.3% rises, as they join Asian peers to extend a global rally
** The moves follow the U.S. approval of Nvidia's NVDA.O H200 chip sales to Chinese firms, reported by Reuters
** STMicroelectronics STMPA.PA adds 2.5%, Siltronic SLTGn.DE 2% and X-Fab XFAB.BR 1%
** Among Dutch semiconductor equipment makers, ASML ASML.AS rises 1%, ASM International ASM.AS 1.6% and BESI BESI.AS 2.4%
** The rally mirrors gains in Asia, where Samsung Electronics 005930.KS surges more than 3% to a record high and rival SK Hynix 000660.KS nears the $1 trillion market capitalisation mark
