ASML, peers rally on report US curbs on China chips could stop short of proposals
News28 Nov 2024
(Reuters) - Shares of ASML and its peers in the European computer chip equipment sector climbed on Thursday after Bloomberg News reported that the Biden administration’s China chip curbs could be less severe than expected.
Shares of ASML were up 4.3% by 0809 GMT, with Dutch peers BE Semiconductor rising 5% and ASM International by 2.9%, among top performers on the European benchmark STOXX 600 index.
(Reporting by Nathan Vifflin in Gdansk; editing by Milla Nissi)
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