Europe's chip stocks rally on auto and industrial recovery, China chip expansion

AIXTRON SE

04/12/2025 09:08

** European semiconductor stocks are rising led by Soitec SOIT.PA and Melexis MLXS.BR that gain around 4% and 6%, respectively

** Traders cite reports that Chinese chipmaker Cambricon 688256.SS plans to triple production capacity to replace Nvidia NVDA.O in China's AI market, boosting demand outlook for chip equipment and materials

** Brokerage Equita says increasingly upbeat commentary from U.S. analog chip peers signals demand recovery, particularly in automotive and industrial segments

** STMicroelectronics STMPA.PA rises 3.3%, as Equita says automotive and industrial recovery should lead its revenue to grow 13% in 2026

** From Dutch semiconductor equipment makers, ASM International ASMI.AS gains 3%, BE Semiconductor BESI.AS adds 2% and ASML ASML.AS rises 1%

** Chipmakers Infineon IFXGn.DE, Siltronic WAFGn.DE and Aixtron AIXGn.DE rise between 1.5% and 2.5%; ams-Osram AMS2.VI gains 2.5% and X-Fab XFAB.PA 2%

(Reporting by Leo Marchandon)

((Leo.marchandon@thomsonreuters.com))