European chipmakers rise after Nvidia's upbeat Q2 outlook

Osram Licht AG

25/05/2023 08:15

(Adds European companies, updates shares moves)
    ** European chipmakers rise following Nvidia's  NVDA.O 
upbeat second-quarter outlook, which surpassed expectations
    ** Nvidia on Wednesday forecast its second-quarter revenue
50% above Wall Street's estimates, sending the shares of the
world's most valuable listed semiconductor company rising by as
much as 28%
    ** Dutch-listed ASMI,  ASMI.AS  ASML,  ASML.AS  and BE
Semiconductor Industries   BESI.AS  rises by 6%, 4.4%, and 7%
respectively, while French-listed STMicroelectronics rises by
1.7%
        ** Norway's Nordic Semiconductor  NOD.OL  rises by 2.6%
    ** Germany's Siltronic  WAFGn.DE  rises by 4.73%
    ** PVA TePla  TPEG.DE  rises 2.9%, while Austria-based AT&S'
 ATSV.VI  and AMS Osram  AMS.VI  are up 3.56% and 2%
respectively
        ** The pan-European Stoxx technology index  .SX8P  is up
by 1.56%
  

 (Reporting by Tristan Veyet)
 ((Tristan.chabba@thomsonreuters.com))