AI market drives European chip stocks to rise

ChainCatcher news, according to Gate market data, European semiconductor company stock prices generally rose due to increased market demand for artificial intelligence-related stocks. ASML and ASM International rose 2.3% and 4.1%, respectively, after Micron Technology reported strong quarterly results.

BE Semiconductor Industries rose 2.6%, Infineon Technologies gained 4.6% and STMicroelectronics gained 2.7%.