European Semiconductor Companies Trade Higher After EU-U.S. Trade Deal -- Market Talk

Dow Jones
Jul 28

0743 GMT - Shares in semiconductor companies in Europe rise in early morning trading after the European Union and the U.S. reached a trade agreement over the weekend. U.S. President Trump and European Commission President Ursula von der Leyen on Sunday announced an agreement that will see a 15% tariff applied across the board on EU goods entering the U.S. Dutch ASML and smaller rival ASM International rise 4.4% and 3.4%, respectively. BE Semiconductor shares trade 3.8% higher, while STMicroelectronics, which supplies Apple and Tesla, rises 3.2% in Milan. Shares in German Infineon trade up 2.2%. (nina.kienle@wsj.com)

 

(END) Dow Jones Newswires

July 28, 2025 03:44 ET (07:44 GMT)

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