Nvidia's results spur European semiconductors

STMicroelectronics

27/08/2026 08:46

** Shares in European semiconductors rise driven by NVIDIA's NVDA.O Q3 beat and positive outlooks
** The U.S. chip giant  forecasts a 70% jump in revenue next fiscal year, while its Q3 revenue of $108 billion beat forecast of just over $104 billion
** Dutch semi players such as ASML ASML.AS, ASM International ASMI.AS, and BESI BESI.AS grow around 2%-2.5%
** Paris-listed STMicroelectronics STMPA.PA and Soitec SOIT.PA jump 3.6%, and 3.7% respectively
** Aixtron AiXGn.DE rises 3.56%, Infineon  is up 2.3%, while Siltronic WAFGn.DE jumps 3.3%
**  Pan-European tech index .SX8P up 1.23%, outperforming all STOXX 600 sector indices
     

(Reporting by Mateusz Rabiega)
((mateusz.rabiega@thomsonreuters.com))