Tech stocks lead European markets higher after STMicroelectronics and Micron results – MarketWatch
Tech stocks lead European markets higher after STMicroelectronics and Micron results – MarketWatch
The tech sector led European stocks higher, following positive results from microchip makers Micron Technology and STMicroelectronics. Infineon Technologies IFX, -1.41% increased by 7% in Germany, after Micron MU, -0.15% not only exceeded expectations, but also said there were component shortages. “We believe the read-across is positive especially for Infineon which still has capacity available…
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