European Semiconductor Stocks Fall After Peer Flags Sales Decline -- Market Talk
Dow Jones
Jul 22
0828 GMT - Shares of semiconductor companies in Europe are down after NXP Semiconductors forecast a decline in sales for the current quarter. The group guided for third-quarter sales of $3.05 billion to $3.25 billion, up from the second quarter but lower compared with the third quarter of last year. NXP Semiconductors' shares are down 5.8% at $215.00 Tuesday premarket. Meanwhile, shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are down 2.1% and 1.6%, respectively. German chip maker Infineon Technologies is down 3%. STMicroelectronics--which supplies Apple and Tesla--is down 2%. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
July 22, 2025 04:28 ET (08:28 GMT)
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