European semis slip as Nvidia board weighs Huang's future
SMH•European semiconductor stocks fell, with the sector’s benchmark index down around 1.2%, as Nvidia’s board met to discuss CEO Jensen Huang’s future. The wider STOXX index rose 0.3%.
1. European chip stocks fall
Europe’s benchmark technology index fell around 1.2%, underperforming the wider STOXX index, which rose 0.3%. STMicroelectronics, Soitec, ASML Holding, Infineon, Aixtron and BE Semiconductor Industries slipped between around 1% and 3.7%, tracking peers in Asia as Nvidia’s board met to discuss CEO Jensen Huang’s future.
