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European semiconductor stocks diverge as investors weigh AI demand, growth expectations | live
By Nathan Vifflin and Ozan Ergenay July 23 (Reuters) - European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial intelligence applications, while STMicroelectronics and BE Semiconductor Industries (Besi) fell as investors reacted to weaker near-term performance and elevated growth expectations.
By Nathan Vifflin and Ozan Ergenay July 23 (Reuters) - European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial intelligence applications, while STMicroelectronics and BE Semiconductor Industries (Besi) fell as investors reacted to weaker near-term performance and elevated growth expectations.
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