Andrew Gardiner

European semiconductor stocks diverged sharply on Thursday, with French materials supplier Soitec surging 23% on booming photonics demand for AI applications, while STMicroelectronics fell 15% on weak…

STMicroelectronics NV plunged as much as 17% after forecasting third-quarter sales of $3.7 billion, below the $3.79 billion analyst estimate, despite a 119% year-to-date stock gain driven by AI data c…