European semiconductor stocks rise on hyperscaler spending boost

Soitec SA

04/05/2026 10:04

** European semiconductor stocks rise broadly as hyperscalers revealed last week plans to boost spending in 2026

** French chip materials maker Soitec SOIT.PA up 9.7%, German chip equipment maker Aixtron AIXGn.DE up 4.6%,

** BESI BESI.AS and ams-Osram AMS.S rises around 2% while STMicroelectronics STMPA.PA gains around 4.7% in Paris and Milan

** X-Fab XFAB.BR rises 1.1%, German wafer maker Siltronic WAFGn.DE gains 1.6% and Infineon Technologies IFXGn.DE adds 1.2%

** Gains across European chipmakers are more modest than Asian peers, reflecting different parts of the global ecosystem, according to Michael Roeg, analyst at Degroof Petercam

** Increased hyperscaler spending "could have more impact on foundries and OSATs than toolmakers and the European hybrids," Roeg added

** Separately, STMicro CEO Jean-Marc Chery over the week-end revealed plans to invest 3.8 billion euros ($4.45 billion) in its Italian facilities by 2028

($1 = 0.8532 euros)

 (Reporting by Leo Marchandon in Gdansk)

 ((leo.marchandon@thomsonreuters.com))