Semiconductor stocks extended their gains from the previous day on Friday.
The US technology sector provided good guidance with a record high NASDAQ 100. In addition, UBS gave a positive assessment of the shares of the US chip company Texas Instruments, which the bank now recommends buying.
The day before, optimistic statements from the world’s largest semiconductor manufacturer, Taiwan Semiconductor Manufacturing from Taiwan, had already given the industry a boost. TSMC’s spending plans are evidence of a recovery in chip manufacturing business. For the bank Morgan Stanley, the paper from the Dutch ASML NV is also the “top pick” in the European hardware technology sector.
ASML rose in price on Friday at EuroNext in Amsterdam by 1.58 percent to 686.70 euros, while Infineon rose 1.39 percent to 34.58 euros in XETRA trading. STMicroelectronics was also quoted 0.56 percent higher at 40.545 euros in Paris. For AIXTRON and Elmos Semiconductor it temporarily rose by 1.75 percent to 34.93 euros and 4.75 percent to 68.40 euros (XETRA).
FRANKFURT (dpa-AFX)
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