European chip equipment stocks such as ASML rise, boosted by Samsung's Tesla contract and the EU-US trade agreement.

ASM and other European chip equipment stocks rose as their main customer Samsung won a contract to produce artificial intelligence chips for Tesla. At the same time, the US and Europe reached a trade agreement, easing trade war concerns and providing an additional boost to the industry after two weeks of declines. Excluding a dividend of 1.6 euros per share, ASM shares rose by 3.5%; ASMI rose by 2.3%, BE Semiconductor by 4.4%, VAT Group by 2.2%, and Aixtron by 2.8%.