European chipmakers jump on Microsoft's AI investments, Foxconn results
06/01/2025 09:49
** European chipmakers jump between 3% and 7%, in line with
global peers, propelled by Microsoft's MSFT.O announcement to
boost investment in data centres and Foxconn's 2354.TW record
Q4 revenue
** Semiconductor companies are reacting positively to
Microsoft's planned expenses in AI, and Foxconn's strong results
driven by AI investment, an Oddo analyst says
** By 0905 GMT, Infineon IFXGn.DE and Aixtron AIXGn.DE
are up over 6% and are among top performers on the European tech
index .SX8P , which is up 2.7%
** UBS picks "buy"-rated Infineon on new AI opportunities,
growing silicon carbide revenues and automotive microcontrollers
market share gains
** STMicroelectronics STMPA.PA , Soitec SOIT.PA , ASMI
ASMI.AS , ASML ASML.AS and Nordic Semiconductor NOD.OL rise
between 4%-5%, and Besi BESI.AS is up 3%
(Reporting by Alessandro Parodi)
((alessandro.parodi@thomsonreuters.com))