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On September 18th, NVIDIA made a significant move by announcing a $5 billion investment in Intel. This strategic partnership aims to foster collaborative efforts between the two tech giants in developing bespoke data center and personal computing solutions. In the wake of this announcement, the stock market responded positively, with European semiconductor companies witnessing a notable uptick in their share prices. Specifically, the stock price of ASML, the Dutch chip equipment supplier, soared by nearly 8%. BE Semiconductor Industries, a manufacturer of semiconductor packaging equipment, saw its shares rise by 5.4%. German chipmaker Infineon Technologies experienced a 4.1% increase, while STMicroelectronics, a key supplier to both Tesla and Apple, enjoyed a 5.2% surge in its stock value.
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