European Chip Stocks Rise as Anthropic's IPO Prospectus Reinvigorates AI Trade -- Market Talk
Dow Jones2026/10/27 09:250925 GMT - Shares of European semiconductor companies are in green territory, a day after Anthropic's IPO paperwork injected renewed optimism in stocks exposed to artificial intelligence. In Asia, South Korea's SK Hynix closed 5.2% higher and Samsung Electronics gained 4.2%. European stocks reacted to Anthropic's IPO paperwork Monday afternoon, but gains stretched into Tuesday. Shares of Dutch semiconductor-equipment maker ASML Holding and smaller rival ASM International are up 0.4% and 1.6%, respectively. Dutch supplier of semiconductor assembly equipment BE Semiconductor Industries is up 8.8% after Applied Materials said it was increasing its stake in the group to about 20%. German chip maker Infineon Technologies gains 1.2%. STMicroelectronics is up 1.6%. (mauro.orru@wsj.com)
(END) Dow Jones Newswires
October 27, 2026 05:25 ET (09:25 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Cramer Calls Microsoft a Buy, Says Alphabet Carries Too Much Baggage
New York gold prices fell on the 29th
Crypto prices
More
